ServiceNow Inc is trading at $122.29 (4.2% down) as the stock gives back gains from its recent rally following strong Q1 2026 earnings and raised subscription revenue guidance.
- The move appears to reflect profit-taking after a sharp late-May and early-June advance in share price.
- High-multiple software names are seeing a broader pullback today as U.S. indices trade lower amid risk-off sentiment and geopolitical tensions.
- There are no fresh company-specific headlines this morning to account for the downward price action.