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Aug 14 at 04:31 AM

Reddit is joining the S&P500 finally after months of being on the potential list. The stock gained double digits as investors take in the news positively. On other news, superinvestor Bill Ackman opened his position on Netflix once more, stating that Netflix "has won the streaming wars" and is currently undervalued following his exit in the company years back.

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Captain's Watch
Featured☕️ [Task Coins Giveaway] Daily Market Talk — Reddit Joins S&P 500 as CDL Profit Triples

Reddit will join the S&P 500 next week, and its stock jumped after hours on the news, capping a record-setting session for US stocks. In Singapore, $CityDev(C09.SG) surged about 9% after first-half pr...

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