Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on Systems
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Reddit (RDDT) shares jump. The social media company is set to join the S&P 500 prior to the opening of trading on Aug. 18, according to a news release. Reddit to replace AvalonBay Communities, which is being acquired by Equity Residential.-Applied Materials (AMAT) shares fall. The semiconductor capital equipment company’s estimate-topping forecast met with tepid investor reaction following the stock’s frenetic rally this year. Analysts are generally positive about the company’s results…
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