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Stock impact report

Why ServiceNow Stock Lagged the Market on Monday [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Investors clearly took the move to heart, sending the shares to a slight (0.1%) loss in price on Monday. They were more positive on other stocks, as the bellwether S&P 500 (SNPINDEX: ^GSPC) ticked up by 0.6%. The day's reduction came from Joel Fishbein of Truist Securities , who knocked $150 per share off his ServiceNow fair value assessment. It now stands at $950 per share. Meanwhile, the pundit maintained his hold recommendation on the stock. Fishbein's cut was part of a broader analysis on the infrastructure and security software segments of the tech industry . According to reports, the analyst wrote that companies in these sector niches are trading lower due to uncertainty over policy decisions being made by the Trump administration. As Read more
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