ServiceNow Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of ServiceNow Inc. NOW slid 1.47% to $496.70 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. The stock's fall snapped a five-day winning streak. ServiceNow Inc. closed $210.90 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 1.05% to $264.89, Qualcomm Inc. QCOM rose 1.66% to $127.18, and International Business Machines Corp. IBM rose 0.52% to $142.80. Trading volume (1.1 M) remained 657,877 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:11 ET (21:11 GMT)
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