Is It Time To Reassess ServiceNow (NOW) After Sharp Share Price Swings?
- If you are wondering whether ServiceNow is starting to look attractively priced after a rough patch, you are not alone. This article will walk through what the current share price might mean for long term investors.
- The stock has recently shown a mixed return profile, with a 7.2% gain over the last 7 days, a 15.3% decline over 30 days, and year to date and 1 year returns of 26.9% and 45.4% declines respectively, while the 3 year return sits at 22.6% and the 5 year return at a 2.3% decline.
- These swings have kept ServiceNow on many investors’ watchlists, with attention frequently focused on how its subscription based model is being perceived against broader software peers. Recent commentary has also centered on whether the current share…
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