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ServiceNow shares drop 18% after mixed third quarter results

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ServiceNow shares drop 18% after mixed third quarter results

Shares of ServiceNow Inc. dropped 18% in after-hours trading today after it posted quarterly results that topped its internal guidance, but mostly fell short of analyst expectations.

Directly affected

  • NOW ServiceNow+8.8% 30d

    Named in this report.

Indirectly affected

  • XLK Technology Select Sector SPDR+9.1% 16d

    Technology Select Sector SPDR holds the technology sector that ServiceNow belongs to, so it often moves with news about it.

  • MSFT Microsoft+8.4% 30d

    Microsoft is a peer of ServiceNow in prepackaged software; rivals often move on the same news.

  • PLTR Palantir Technologies+15.2% 30d

    Palantir Technologies is a peer of ServiceNow in prepackaged software; rivals often move on the same news.

  • ORCL Oracle-8.8% 30d

    Oracle is a peer of ServiceNow in prepackaged software; rivals often move on the same news.

  • CRWD CrowdStrike Holdings+19.4% 15d

    CrowdStrike Holdings is a peer of ServiceNow in prepackaged software; rivals often move on the same news.

  • SHOP Shopify+27.7% 30d

    Shopify is a peer of ServiceNow in prepackaged software; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
NOW+4.74%+5.51%baseafter closeafter closeafter closeafter close
XLKNo price data for this ticker———————
MSFTNo price data for this ticker———————
PLTRNo price data for this ticker———————
ORCLNo price data for this ticker———————
CRWDNo price data for this ticker———————
SHOPNo price data for this ticker———————

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.

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ServiceNow shares drop 18% after mixed third quarter results SiliconANGLE

Source: SiliconANGLE

This story

CompanyWhenMoveStatus
NOWthree days earlier+5.51%final price
NOWfive days earlier+4.74%final price

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12 out of 100

“ServiceNow shares drop 18% after mixed third quarter results” scores 12 out of 100. The score uses 1 sources.