ServiceNow Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of ServiceNow Inc. (NOW) inched 0.57% higher to $454.87 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.99% to 4,057.84 and the Dow Jones Industrial Average rising 1.61% to 32,637.19. This was the stock's second consecutive day of gains. ServiceNow Inc. closed $252.73 below its 52-week high ($707.60), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 1.29% to $265.90, Qualcomm Inc. (QCOM) rose 2.75% to $134.84, and International Business Machines Corp. (IBM) rose 1.86% to $136.89. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2022.
(END) Dow Jones Newswires
May 26, 2022 17:11 ET (21:11 GMT)
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