Reddit Faces 16.7 Million-Share Index Fund Demand Ahead of S&P 500 Debut
SAN FRANCISCO, August 16, 2026, 14:03 PDT — With U.S. markets shut on Sunday, Reddit Inc. is set to begin Monday navigating a significant shortfall, as index fund requirements could total 16.7 million shares ahead of its S&P 500 entry on Tuesday.
