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%.
Source Fool.com
ServiceNow Inc. Stock
€109.76
-2.710%
Our community is currently high on ServiceNow Inc. with 87 Buy predictions and 8 Sell predictions.
With a target price of 193 € there is a hugely positive potential of 75.84% for ServiceNow Inc. compared to the current price of 109.76 €.
