ServiceNow Falls Despite Q1 Beat; Analysts Perplexed

By | April 24, 2014

Scalper1 News

ServiceNow (NOW) stock was down more than 5% in morning trading Thursday, despite a solid earnings and guidance beat late Wednesday, and analysts had a hard time saying just why. ServiceNow stock plummeted as much as 15% in early trading in the stock market today, before starting to recover a bit. The maker of Internet cloud-based business software, however, last Wednesday soundly beat analyst Q1 estimates, and its forecasts for the current Scalper1 News

Scalper1 News