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Why ServiceNow Stock Was Sliding Today


Shares of ServiceNow (NYSE: NOW) were sliding today in response to news that a partner firm, Carahsoft Technology, was raided by the FBI yesterday in Virginia.

While the raid on the IT distributor doesn't directly implicate ServiceNow, analysts seem to fear that the investigation could put a dent in ServiceNow's business.

As of 11:11 a.m. ET, the stock was down 2.9%.

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Source Fool.com

ServiceNow Inc. Stock

€877.50
0.340%
The ServiceNow Inc. stock is trending slightly upwards today, with an increase of €3.00 (0.340%) compared to yesterday's price.
With 99 Buy predictions and 4 Sell predictions ServiceNow Inc. is one of the favorites of our community.
As a result the target price of 935 € shows a slightly positive potential of 6.55% compared to the current price of 877.5 € for ServiceNow Inc..
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