Reddit Is Going Nuts Over $MRVL and $LLY — And the Data Says They're Right
Index inclusion front-running, an obesity drug moonshot, and a biotech buyout are dominating Reddit's investing communities this week
Ticker Ratings
Reddit's investing communities are in full front-run mode this week, and honestly, fair play to them. $MRVL is surging 7% pre-market after being added to the S&P 500 effective June 22nd — meaning every index fund on the planet is now forced to buy it. High-upvote DD threads called this weeks ago. $FLEX got the same golden ticket and is up 3%, with considerably less fanfare but probably more upside for the patient crowd.
Meanwhile, $LLY is up 4% pre-market after fresh obesity drug data, reigniting the GLP-1 thesis that Reddit's biotech subs have been screaming about for months. And in pure WSB chaos energy, $NRIX is popping 5% after Roche agreed to pay up to $2.3 billion — $700M upfront — for rights to its experimental blood cancer drug. Nothing Reddit loves more than a small biotech getting swallowed whole at a premium.
The S&P 500 inclusion trade is one of the most reliable momentum plays in the book — the question is whether you're reading Reddit before the algos do.