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Shares of ServiceNow Inc. (NOW) slipped 7.43% to $599.57 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.18% to 4,513.04 and Dow Jones Industrial Average falling 1.34% to 34,022.04. This was the stock's second consecutive day of losses. ServiceNow Inc. closed $108.03 below its 52-week high ($707.60), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp. (MSFT) fell 0.15% to $330.08, Qualcomm Inc. (QCOM) fell 2.36% to $175.63, and International Business Machines Corp. (IBM) fell 0.15% to $116.92. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2021.
(END) Dow Jones Newswires
December 01, 2021 17:12 ET (22:12 GMT)
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