ServiceNow Inc.’s stock is not performing well. on Wednesday compared to competitors

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ServiceNow Inc. Shares NOW,
-0.92%
dropped 0.92% to $ 581.15 on Wednesday, in what proved to be an all-around positive trading session for the stock market, including the S&P 500 Index SPX,
+0.94%
rising 0.94% to 4,589.38 and the Dow Jones Industrial Average DJIA,
+0.63%
rising 0.63% to 35,629.33. The stock’s collapse cut a four-day winning streak. Closed by ServiceNow Inc. the $ 126.45 short of its 52-week high ($ 707.60), which the company achieved on Nov. 4th.

The stock performed poorly compared to some of its competitors on Wednesday, as Microsoft Corp. MSFT,
+1.52%
rose 1.52% to $ 313.46, Qualcomm Inc. QCOM,
+6.25%
rose 6.25% to $ 188.20, and International Business Machines Corp. IBM,
+1.27%
rose 1.27% to $ 137.25. The trading volume (1.3 M) remained 498,240 below its 50-day average volume of 1.8 M.

Editor’s Note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our terms of use for market data.

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