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Shares of ServiceNow Inc. (NOW) slipped 6.93% to $440.37 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 3.88% to 3,749.63 and Dow Jones Industrial Average falling 2.79% to 30,516.74. This was the stock's fourth consecutive day of losses. ServiceNow Inc. closed $267.23 below its 52-week high ($707.60), which the company achieved on November 4th.
The stock underperformed when compared to some of its competitors Monday, as Microsoft Corp. (MSFT) fell 4.24% to $242.26, Qualcomm Inc. (QCOM) fell 3.41% to $128.66, and International Business Machines Corp. (IBM) fell 0.79% to $135.11. Trading volume (1.5 M) remained 264,896 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 13, 2022.
(END) Dow Jones Newswires
June 13, 2022 17:10 ET (21:10 GMT)
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