NOW is trading at $89.34 (+5.38%) as the stock recovers from a sharp post-earnings sell-off, supported by a broader rally in technology shares.
- The rebound follows a -17.75% plunge to $84.78 yesterday after Q1 results highlighted a $7.75B Armis Security acquisition and geopolitical headwinds affecting subscription growth.
- Positive sentiment returned as the Nasdaq climbed 1.36%, driven by individual tech strength and Fed Chair comments that bolstered hopes for upcoming rate cuts.