ServiceNow Inc. Stock Outperforms Market On Strong Trading Day
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Shares of ServiceNow Inc. NOW inched 0.92% higher to $477.79 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.27% to 31,029.31 and the S&P 500 Index SPX falling 0.07% to 3,818.83. The stock's rise snapped a two-day losing streak. ServiceNow Inc. closed $229.81 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 Wednesday, as Microsoft Corp. MSFT rose 1.47% to $260.26, Qualcomm Inc. QCOM fell 1.04% to $130.23, and International Business Machines Corp. IBM fell 0.81% to $140.71. Trading volume (976,940) remained 803,817 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 29, 2022.
(END) Dow Jones Newswires
June 29, 2022 17:11 ET (21:11 GMT)
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