By Stephen Nakrosis

Shares of ServiceNow Inc. (NOW) are trading higher in Monday's after-hours market, following news the company will join the S&P 500 prior to the start of trading Thursday.

At 5:56 p.m. EST, the shares of the cloud computing company had risen 3.6% to trade at $275.90. Volume in the after-hours session topped 91,000 shares. Year to date, shares are up 49%.

ServiceNow shares finished Monday's regular trading session with a 2.44% gain, to close at $266.31.

ServiceNow is replacing Celgene Corp. (CELG), which is leaving the S&P 500 due to its sale to Bristol-Myers Squibb Co. (BMY).

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

November 18, 2019 18:20 ET (23:20 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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