Why ServiceNow Stock Is Plummeting Today
((NYSE: NOW) stock is getting crushed with sell-offs in Thursday's trading. The software company's share price was down 18.3% as of 2 p.m. ET and has played a significant role in dragging the broader market lower. The S 500 was down 0.7% at the same point in the day's trading, and the Nasdaq Composite was down 1.2%.
ServiceNow published its first-quarter results after the market closed yesterday, and the business delivered a modest sales beat and earnings that were in line with the average analyst estimate. Despite what mostly looks like a solid earnings report, the stock is getting hammered today.
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Source Fool.com
ServiceNow Inc. Stock
€86.42
10.370%
Currently there is a rather positive sentiment for ServiceNow Inc. with 117 Buy predictions and 5 Sell predictions.
As a result the target price of 150 € shows a very positive potential of 73.57% compared to the current price of 86.42 € for ServiceNow Inc..
