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

ServiceNow Inc. Shares NOW,
-1.78%
dropped 1.78% to $ 505.22 on Wednesday, in what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+0.71%
rising 0.71% to 35,160.79 and the S&P 500 Index SPX,
-0.06%
falling 0.06% to 4,459.45. Closed by ServiceNow Inc. the $ 202.38 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,
+0.37%
rose 0.37% to $ 286.36, Qualcomm Inc. QCOM,
-0.50%
dropped 0.50% to $ 140.34, and International Business Machines Corp. IBM,
+7.10%
rose 7.10% to $ 138.32. Trading volume (1.2 M) remained 282,421 below its 50-day average volume of 1.5 M.

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