Stock-Split Watch: Is ServiceNow Next?
Business process optimizer (NYSE: NOW) entered the public stock market in 2012. The stock has gained a breathtaking 4,200% since then. If you bought $1,000 of ServiceNow shares on Day One, you'd have $43,140 in your pocket by now. If you bought a single share at the public offering's closing price, a $24.60 investment would have risen to $1,061.
And it would still be just a single share at a much higher price. ServiceNow has never executed a stock split, and the four-digit stock price is getting cumbersome for investors with limited budgets.
Should ServiceNow split its stock in the near future, and what would a split mean for its investors? Let's take a look.
Source Fool.com
ServiceNow Inc. Aktie
121,52 €
-0,62 %
Die ServiceNow Inc. Aktie ist leicht im Trend: Mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 193 € für ServiceNow Inc. deutet auf eine deutliche Steigerung um mehr als 50% gegenüber dem aktuellen Kurs von 121.52 € hin.
