Investor Alert

Nov. 18, 2019, 5:59 p.m. EST

ServiceNow stock up 4% on news it is joining the S&P 500

ServiceNow Inc. (NYS:NOW) will replace Celgene Corp. in the S&P 500 index (S&P:SPX) before the open on Thursday, S&P Global said late Monday. Bristol-Myers Squibb Co. (NYS:BMY) is acquiring Celgene in a deal expected to close soon. Lab equipment maker Thermo Fisher Scientific Inc. (NYS:TMO) will join the S&P 100, S&P Global said in the statement. ServiceNow, a cloud computing company based in Santa Clara, Calif., said earlier Monday that Gina Mastantuono will be its new chief financial officer effective Jan. 13. Shares were 4% higher in the extended session, after ending the regular trading day up 2.4%.

Link to MarketWatch's Slice.