Why AI Stock ServiceNow Flopped on Friday
Business process solutions developer (NYSE: NOW) didn't finish the stock trading week on a high note. The company's share price fell by nearly 3% that day, primarily on news that it will apparently spend a hefty amount on cloud services. This was on a trading session that saw the S 500 (SNPINDEX: ^GSPC) close 0.4% higher.
Towards the end of the trading day on Thursday, Bloomberg reported that ServiceNow has agreed to use the cloud-computing services provided by 's core Google unit.
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Source Fool.com
ServiceNow Inc. Aktie
89,80 €
-0,94 %
ServiceNow Inc. sticht etwas positiv hervor mit 106 Buy- und 7 Sell-Einschätzungen.
Bei einem durchschnittlichen Kursziel von 185 € für ServiceNow Inc., wäre dies mehr als eine Verdopplung des aktuellen Kurses von 89.8 €.
