Why ServiceNow Stock Gained 9.9%on Friday
(NYSE: NOW) gained 9.9% on Friday despite both the S 500 and the Nasdaq Composite finishing in the red.
Shares of the AI software-as-a-service (SaaS) operator got a lift from the announcement of an expanded partnership with HCLTech and 's Google, as well as a broader bounce in software stocks.
On June 25, HCLTech -- the Indian IT giant -- announced an expanded partnership with 's Google Cloud and ServiceNow to put AI "agents" -- software that carries out tasks on its own -- into service.
Source Fool.com
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