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Market Watch

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…

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ServiceNow Inc. stock outperforms competitors on strong trading day

From the Equity Insider archive. This article dates from Sep 6, 2023 and is preserved as first published.

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.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Salesforce Inc.

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

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