ServiceNow Inc. Stock Advances 6.4%, Outperforms Peers

Dow Jones
08/08

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of ServiceNow Inc. rose 6.4% to $124.88 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.64 and the Dow Jones Industrial Average rising 0.3% to 54,036.93.

This was the stock's second consecutive day of gains.

ServiceNow Inc. closed 35.9% short of its 52-week high of $194.73, which the company reached on September 24th.

The stock outperformed some of its peers, as Salesforce Inc. rose 3.2% to $192.74, Oracle Corp. rose 2.5% to $147.02, and Synopsys Inc. rose 2.47% to $415.99.

Trading volume totaled 25.5 million, compared to the 50-day average of 27.2 million.

Data source: Dow Jones Market Data, FactSet

 

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