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Why ServiceNow Stock Is Plunging Today


The first full week of April trading hasn't been kind to (NYSE: NOW). Closing at $102.42 on Monday, shares of the software-as-a-service (SaaS) stock subsequently closed lower on each day of trading through Thursday. And the trend seems likely to continue today. A firm tempered its expectations for ServiceNow stock, and investors are responding by trimming their positions.

As of 2:55 p.m. ET, shares of ServiceNow stock are down 7.1%.

Image source: Getty Images.

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Source Fool.com

ServiceNow Inc. Stock

€71.16
0.540%
ServiceNow Inc. gained 0.540% compared to yesterday.
Our community is currently high on ServiceNow Inc. with 106 Buy predictions and 7 Sell predictions.
With a target price of 185 € there is potential for a 159.98% increase which would mean more than doubling the current price of 71.16 € for ServiceNow Inc..
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