YahooAugust 13, 2026 at 6:01 PM NY2 Months Ago
Reddit Will Join the S&P 500. The Stock Jumps 11%.
Reddit will replace AvalonBay Communities before the opening of trading on Tuesday, according to S&P Dow Jones Indices, which oversees the index. The change was prompted by Equity Residential’s coming acquisition of AvalonBay, a large owner of multifamily housing.
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