Published on 30 Nov 2021 on Market Watch
Shares of ServiceNow Inc. slid 3.73% to $647.70 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.90% to 4,567.00 and Dow Jones Industrial Average falling 1.86% to 34,483.72. The stock's fall snapped a three-day winning streak. ServiceNow Inc. closed $59.90 short of its 52-week high ($707.60), which the company achieved on November 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Microsoft Corp. fell 1.79% to $330.59, Qualcomm Inc. fell 1.73% to $180.56, and International Business Machines Corp. fell 1.18% to $117.10. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.0 M.