ServiceNow Inc. stock rises Tuesday, still underperforms market

ServiceNow Inc. stock rises Tuesday, still underperforms market

Shares of ServiceNow Inc. NOW, +0.60% inched 0.60% higher to $380.84 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.70% rising 0.70% to 3,919.25 and the Dow Jones Industrial Average DJIA, +0.56% rising 0.56% to 33,704.10. This was the stock’s third consecutive day of gains. ServiceNow Inc. closed $240.57 short of its 52-week high ($621.41), which the company reached on February 10th.

The stock outperformed some of its competitors Tuesday, as Salesforce Inc. CRM, +0.23% rose 0.23% to $147.44, Oracle Corp. ORCL, +0.09% rose 0.09% to $86.50, and Synopsys Inc. SNPS, +0.52% rose 0.52% to $327.63. Trading volume (1.1 M) remained 499,354 below its 50-day average volume of 1.6 M.

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