ServiceNow lays off more employees as its shares fall 35% in under two weeks
Published . Updated .
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report does not map to a usual set of affected companies.
Directly affected
- NOW ServiceNow-18.9% 30d
Named in this report.
Indirectly affected
- XLK Technology Select Sector SPDR+6.9% 13d
Technology Select Sector SPDR holds the technology sector that ServiceNow belongs to, so it often moves with news about it.
- MSFT Microsoft+11.8% 30d
Microsoft is a peer of ServiceNow in prepackaged software; rivals often move on the same news.
- PLTR Palantir Technologies-10.9% 30d
Palantir Technologies is a peer of ServiceNow in prepackaged software; rivals often move on the same news.
- ORCL Oracle-9.5% 30d
Oracle is a peer of ServiceNow in prepackaged software; rivals often move on the same news.
- CRWD CrowdStrike Holdings+1.5% 10d
CrowdStrike Holdings is a peer of ServiceNow in prepackaged software; rivals often move on the same news.
- SHOP Shopify+5.4% 30d
Shopify is a peer of ServiceNow in prepackaged software; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NOW | +2.72% | +6.67% | base | after close | after close | after close | after close |
| XLK | +10.50% | +8.64% | base | after close | after close | after close | after close |
| MSFT | -2.67% | -2.88% | base | after close | after close | after close | after close |
| PLTR | +18.84% | +13.19% | base | after close | after close | after close | after close |
| ORCL | +13.45% | +9.57% | base | after close | after close | after close | after close |
| CRWD | +15.51% | +12.86% | base | after close | after close | after close | after close |
| SHOP | +9.48% | -0.79% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
ServiceNow lays off more employees as its shares fall 35% in under two weeks www.calcalistech.com
Source: www.calcalistech.com
This story
| Company | When | Move | Status |
|---|---|---|---|
| CRWD | three days earlier | +12.86% | final price |
| CRWD | five days earlier | +15.51% | final price |
| MSFT | three days earlier | -2.88% | final price |
| MSFT | five days earlier | -2.67% | final price |
| NOW | three days earlier | +6.67% | final price |
| NOW | five days earlier | +2.72% | final price |
| ORCL | three days earlier | +9.57% | final price |
| ORCL | five days earlier | +13.45% | final price |
| PLTR | three days earlier | +13.19% | final price |
| PLTR | five days earlier | +18.84% | final price |
| SHOP | three days earlier | -0.79% | final price |
| SHOP | five days earlier | +9.48% | final price |
| XLK | three days earlier | +8.64% | final price |
| XLK | five days earlier | +10.50% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Tony Wied sold ServiceNow (NOW) (jointly held), worth $50,001 - $100,000 on 17 Sep 2026. That is 49 days before publication. Filed 2 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold ServiceNow (NOW), worth $1,001 - $15,000 on 24 Aug 2026. That is 73 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought ServiceNow (NOW), worth $15,001 - $50,000 on 17 Aug 2026. That is 80 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 36 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 38 days before publication. Filed 2 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Palantir Technologies (PLTR), worth $1,001 - $15,000 on 24 Aug 2026. That is 73 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Palantir Technologies (PLTR), worth $50,001 - $100,000 on 17 Aug 2026. That is 80 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Palantir Technologies (PLTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 87 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a dependent child), worth $1,001 - $15,000 on 30 Sep 2026. That is 36 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 36 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“ServiceNow lays off more employees as its shares fall 35% in under two weeks” scores 12 out of 100. The score uses 1 sources.