ServiceNow Inc. stock is not performing well. on Thursday compared to competitors

Shares of ServiceNow Inc. NOW,
-4.80%
down 4.80% to $435.55 Thursday, in what proved to be an all-around wild trading session for the stock market, with the S&P 500 Index SPX,
-1.13%
falling 1.13% to 3,901.35 and Dow Jones Industrial Average DJIA,
-0.56%
falling 0.56% to 30,961.82. ServiceNow Inc. closed $272.05 below its 52-week high ($707.60), which the company achieved on November 4th.

The stock underperformed some of its competitors on Thursday, as Microsoft Corp. MSFT,
-2.71%
down 2.71% to $245.38, Qualcomm Inc. QCOM,
-2.00%
down 2.00% to $124.98, and International Business Machines Corp. IBM,
-1.72%
down 1.72% to $125.49. Trading volume (2.0 M) surpassed its 50-day volume average of 1.6 M.

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