ServiceNow, Inc. (NOW) fell 16.56 percent to $86.00, down $17.07 on Thursday, despite reporting higher first-quarter earnings and strong revenue growth.
The stock is currently trading at $86.00, compared to a previous close of $103.07 on the New York Stock Exchange. It touched an intraday high of $90.00 and a low of $84.65, with trading volume reaching 44.85 million shares.
ServiceNow reported first-quarter earnings of $469 million, or $0.45 per share, up from $460 million, or $0.44 per share, a year earlier. Adjusted earnings came in at $1.01 billion, or $0.97 per share. Revenue rose 22.4 percent year over year to $3.77 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.