Twitter shares rise on announced addition to S&P 500

Twitter Inc. TWTR, +3.36% shares rallied in the extended sesion Monday after S&P Dow Jones Indices announced the microblogging platform would join the S&P 500 index SPX, +0.45% Twitter shares rose 3.8% after hours, following a 3.4% rise to close at $37.88 in the regular session. Twitter shares are up 58% for the year, compared with a 2.7% rise in the S&P 500. Twitter will replace Monsanto Co. MON, +0.24% which is being acquired by Bayer AG BAYN, -0.45% on Thursday. On the S&P 100 index OEX, +0.47% Netflix Inc. NFLX, +0.52% will replace Monsanto. Netflix shares were up 0.2% after hours.

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