Shares of ServiceNow Inc. NOW, +6.10% rallied 6.10% to $448.60 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +2.62% rising 2.62% to 4,023.61 and the Dow Jones Industrial Average DJIA, +1.37% rising 1.37% to 32,197.59. The stock’s rise snapped a three-day losing streak. ServiceNow Inc. closed $259.00 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, +6.69% rose 6.69% to $268.74, Qualcomm Inc. QCOM, +2.30% rose 2.30% to $153.42, and International Business Machines Corp. IBM, +0.81% rose 0.81% to $129.12. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.8 M.