ServiceNow Inc. stock outperforms competitors on strong trading day

ServiceNow Inc. stock outperforms competitors on strong trading day

Shares of ServiceNow Inc. NOW, +1.06% rose 1.06% to $597.16 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.42% falling 0.42% to 4,496.83 and Dow Jones Industrial Average DJIA, -0.56% falling 0.56% to 34,641.97.

This was the stock’s seventh consecutive day of gains.

ServiceNow Inc. closed $17.20 short of its 52-week high ($614.36), which the company reached on July 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Salesforce Inc. CRM, -1.28% fell 1.28% to $218.69, Oracle Corp. ORCL, +2.52% rose 2.52% to $123.98, and Synopsys Inc. SNPS, +1.39% rose 1.39% to $466.85.

Trading volume (717,746) remained 405,077 below its 50-day average volume of 1.1 M.

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