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Shares of ServiceNow Inc. (NOW) rose 6.24% to $504.80 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.84% to 4,176.82 and the Dow Jones Industrial Average rising 1.33% to 33,248.28. This was the stock's second consecutive day of gains. ServiceNow Inc. closed $202.80 short of its 52-week high ($707.60), which the company reached on November 4th.
The stock outperformed some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 0.79% to $274.58, Qualcomm Inc. (QCOM) rose 4.41% to $146.20, and International Business Machines Corp. (IBM) rose 0.52% to $140.15. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2022.
(END) Dow Jones Newswires
June 02, 2022 17:11 ET (21:11 GMT)
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