Shares of ServiceNow Inc. NOW, -2.20% shed 2.20% to $500.14 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -1.12% falling 1.12% to 4,145.58 and Dow Jones Industrial Average DJIA, -0.69% falling 0.69% to 33,055.51.
The stock’s fall snapped a seven-day winning streak.
ServiceNow Inc. closed $21.44 short of its 52-week high ($521.58), which the company achieved on August 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Salesforce Inc. CRM, -1.72% fell 1.72% to $206.64, Oracle Corp. ORCL, -3.17% fell 3.17% to $98.54, and Synopsys Inc. SNPS, -2.14% fell 2.14% to $393.09.
Trading volume (1.1 M) remained 516,614 below its 50-day average volume of 1.6 M.