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Reddit (RDDT) is set to join the S&P 500 before the market opens on Aug. 18, replacing AvalonBay Communities (AVB). J.P. Morgan analysts estimate index funds that track the benchmark will need to buy ...
Although Wall Street loves a clean catalyst, and index inclusion is about as clean as they come, the record of the past year suggests the party rarely lasts. Reddit (NYSE:RDDT) is trading roughly 11% ...
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