ServiceNow Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of ServiceNow Inc. NOW dropped 0.48% to $475.52 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.88% to 3,785.38 and Dow Jones Industrial Average DJIA falling 0.82% to 30,775.43. ServiceNow Inc. closed $232.08 below its 52-week high ($707.60), which the company achieved on November 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. MSFT fell 1.32% to $256.83, Qualcomm Inc. QCOM fell 1.91% to $127.74, and International Business Machines Corp. IBM rose 0.34% to $141.19. Trading volume (1.8 M) remained 189 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 30, 2022.
(END) Dow Jones Newswires
June 30, 2022 17:10 ET (21:10 GMT)
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