Why ServiceNow Is Volatile Today
Shares of ServiceNow (NYSE: NOW) were volatile today after the company reported its first-quarter results. The cloud-based operations management company beat analysts' average revenue and earnings estimates in the quarter, but investors were unsure how they felt about the stock today. ServiceNow shares initially fell by 5.8% this morning and are down by 2.1% as of 10:41 a.m. ET.