Tiger Brokers

ServiceNow Inc. Stock Rises 6.1%, Outperforms Peers

Dow Jones
Oct 16

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

Shares of ServiceNow Inc. advanced 6.1% to $148.57 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,744.06 and the Dow Jones Industrial Average rising 1.1% to 52,177.69.

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

ServiceNow Inc. closed 23.0% below its 52-week high of $192.97, which the company achieved on October 30th.

The stock outperformed some of its peers, as Salesforce Inc. rose 4.6% to $246.74, Oracle Corp. rose 3.0% to $134.47, and Synopsys Inc. fell 2.46% to $468.11.

Trading volume totaled 17.6 million, compared to the 50-day average of 14.3 million.

Data source: Dow Jones Market Data, FactSet

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