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Reddit Enters S&P 500, Shares Surge

The Reddit Paradox: Benchmarking the Unpredictable The inclusion of Reddit in the S&P 500 index sent shockwaves through the financial world on Friday, with shares surging over 11%. Analysts at J. P.

Morgan estimate that index funds tracking the S&P 500 would need to buy nearly three times the stock's average daily trading volume, swelling Reddit's market capitalization.

However, this influx of new capital may not necessarily translate into sustained growth or increased user engagement. Reddit's recent earnings report highlighted choppy search engine traffic as a major headwind for U.

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