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

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ServiceNow Inc. Shares NOW,
-4.57%
dropped 4.57% to $ 527.95 on Wednesday, in what proved to be an all-around rough trading session for the stock market, including the S&P 500 Index SPX,
-0.97%
falling 0.97% to 4,481.15 and Dow Jones Industrial Average DJIA,
-0.42%
falling 0.42% to 34,496.51. This is the second consecutive day of stock losses. ServiceNow Inc. closed $ 179.65 short of its 52-week high ($ 707.60), which the company reached on Nov. 4th.

The stock performed poorly compared to some of its competitors on Wednesday, as Microsoft Corp. MSFT,
-3.66%
dropped 3.66% to $ 299.50, Qualcomm Inc. QCOM,
-4.25%
dropped 4.25% to $ 139.28, and International Business Machines Corp. IBM,
+0.39%
rose 0.39% to $ 129.39. The trading volume (1.6 M) remained 76,859 below its 50-day average volume of 1.7 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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