Declines In Highflier Software Stocks Stump Analysts

By | June 6, 2014

Scalper1 News

Investors had an unpleasant surprise for ServiceNow after the fast-growing enterprise software company released Q1 earnings late on April 23 that easily beat Wall Street expectations. The company also provided a stronger-than-expected outlook for the current quarter. Yet ServiceNow stock fell more than 6% on April 24, and fell the following two days as well. The investor reaction perplexed ServiceNow (NOW) CEO Frank Slootman, whose company is Scalper1 News

Scalper1 News