ServiceNow Inc. Stock Rises Tuesday, Outperforms Market
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Shares of ServiceNow Inc. (NOW) inched 0.99% higher to $444.75 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.38% to 3,735.48 and Dow Jones Industrial Average falling 0.50% to 30,364.83. The stock's rise snapped a four-day losing streak. ServiceNow Inc. closed $262.85 below its 52-week high ($707.60), which the company reached on November 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Microsoft Corp. (MSFT) rose 0.92% to $244.49, Qualcomm Inc. (QCOM) rose 1.24% to $130.26, and International Business Machines Corp. (IBM) rose 0.45% to $135.72. Trading volume (1.1 M) remained 668,382 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 14, 2022.
(END) Dow Jones Newswires
June 14, 2022 17:11 ET (21:11 GMT)
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