ServiceNow Inc. Stock Rises Tuesday, Outperforms Market
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Shares of ServiceNow Inc. NOW rose 2.59% to $455.27 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA rising 2.15% to 30,530.25. This was the stock's second consecutive day of gains. ServiceNow Inc. closed $252.33 short of 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 2.46% to $253.74, Qualcomm Inc. QCOM rose 2.81% to $124.39, and International Business Machines Corp. IBM rose 2.10% to $137.85. Trading volume (1.1 M) remained 654,609 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 21, 2022.
(END) Dow Jones Newswires
June 21, 2022 17:10 ET (21:10 GMT)
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