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Shares of ServiceNow Inc. (NOW) rose 4.71% to $476.29 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,158.24 and the Dow Jones Industrial Average rising 1.76% to 33,212.96. This was the stock's third consecutive day of gains. ServiceNow Inc. closed $231.31 below its 52-week high ($707.60), which the company reached on November 4th.
The stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) rose 2.76% to $273.24, Qualcomm Inc. (QCOM) rose 3.65% to $139.76, and International Business Machines Corp. (IBM) rose 1.74% to $139.27. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2022.
(END) Dow Jones Newswires
May 27, 2022 17:10 ET (21:10 GMT)
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