ServiceNow stock plunges 26.9% after earnings as bookings slow
The close of $109.67 leaves the stock 43.2% below its 52-week high, with volume 6.1 times the recent average.
ServiceNow (NOW) shares plunged 26.9% to $109.67 on Thursday after earnings, reports say, in what reports describe as the worst day in the company's history.
Reports point to a bookings slowdown that overshadowed 20% growth, and the stock drew attention among market cap movers.
The close sits 43.2% below the 52-week high of $192.97. Volume was 6.1 times the recent average, and the S&P 500 fell 0.3% the same day. The stock is down 39.9% over one year.
NOW on StocksXray
Last close109.67
Today−26.95%
X-Ray Score50
Fair valueUndervalued
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