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Why ServiceNow Stock Popped Today

TheMotleyFool

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Why ServiceNow Stock Popped TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/012f8213-0bd1-4831-98f2-6d5fae956d6a.png

Shares of ServiceNow (NYSE: NOW), the enterprise cloud specialist, were surging after the company delivered better-than-expected results in its first-quarter earnings report and only trimmed its guidance modestly for the year, a sign of confidence in the face of the COVID-19 pandemic.

The stock was up 9.8% as of 11:01 a.m. EDT.

Image source: Getty Images.

Source Fool.com

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