ServiceNow (NOW) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Shares of ServiceNow Inc. (NOW 4.08%) are surging on Tuesday. The company's stock gained 4.5% as of 2:50 p.m.
Many stocks declined during the market's rout on Monday, but business software company ServiceNow (NOW -7.85%) lost more than most. On news of yet another acquisition, investors traded out of the specialty tech stock, leaving with a loss of just under 8% on the day.
The acquisition of Moveworks, which offers AI assistants for company employees, is ServiceNow's biggest ever.
ServiceNow said on Monday it would buy artificial intelligence company Moveworks for $2.85 billion, marking the software maker's largest-ever acquisition as it looks to expand its product portfolio and attract more customers.
ServiceNow said on Monday that it has agreed to acquire Moveworks, which develops enterprise-focused automation and AI tools.
ServiceNow (NOW -1.90%) utilizes artificial intelligence to help enterprises improve operations.
In the closing of the recent trading day, ServiceNow (NOW) stood at $850.63, denoting a -1.9% change from the preceding trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
ServiceNow (NOW) closed at $929.76 in the latest trading session, marking a +0.96% move from the prior day.
Business software specialist ServiceNow (NOW 2.13%) announced a piece of business on Wednesday, and the market rewarded the company for it. The stock ended that day's trading session more than 2% higher, in contrast to the flat performance of the S&P 500 index.
ServiceNow (NOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.