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Shares of ServiceNow Inc. (NOW) slid 1.85% to $467.47 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.63% to 4,132.15 and Dow Jones Industrial Average falling 0.67% to 32,990.12. The stock's fall snapped a three-day winning streak. ServiceNow Inc. closed $240.13 below its 52-week high ($707.60), which the company reached on November 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) fell 0.50% to $271.87, Qualcomm Inc. (QCOM) rose 2.48% to $143.22, and International Business Machines Corp. (IBM) fell 0.31% to $138.84. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2022.
(END) Dow Jones Newswires
May 31, 2022 17:10 ET (21:10 GMT)
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