ServiceNow Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of ServiceNow Inc. NOW rose 3.82% to $504.09 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 3.06% to 3,911.74 and the Dow Jones Industrial Average DJIA rising 2.68% to 31,500.68. This was the stock's fifth consecutive day of gains. ServiceNow Inc. closed $203.51 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 Friday, as Microsoft Corp. MSFT rose 3.41% to $267.70, Qualcomm Inc. QCOM rose 4.17% to $125.10, and International Business Machines Corp. IBM rose 2.61% to $142.06. Trading volume (1.7 M) remained 85,713 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2022.
(END) Dow Jones Newswires
June 24, 2022 17:11 ET (21:11 GMT)
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