Reddit is joining the S&P 500.

Snoo is putting on adult pants. The change is set to kick in on Tuesday. “Reddit’s raw materials are special, and there is so much potential to continue building great products and scaling profitably,” CFO Drew Vollero says in a statement. [Link: Reddit Will Be Added to the S&P 500 | https://redditinc.com/news/reddit-will-be-added-to-the-s-p-500 | Reddit Inc.]

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