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Sristi Suman Jayaswal

Reddit Is Joining the Russell 3000 Index. Should You Buy RDDT Stock Before It Does?

Reddit RDDT Russell United States Aaron Kessler

With more than 100,000 active communities and over 108 million daily active users, Reddit (RDDT) is set to join the Russell indexes later in this quarter. At the close of business on June 27, RDDT will be joining the Russell 3000 Index (RUA). In addition, it will be added to either the Russell 2000 Index (RUT) or Russell 1000 Index (RUI). This marks a milestone in Reddit’s journey as a publicly traded company, and it aims to join more mainstream broader market indexes.

With this impending addition, should you consider investing in RDDT now?

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