NOW is trading 3.1% down now at $146.25, giving back part of its recent three-day advance as investors rotate out of higher-valuation tech and AI beneficiaries toward defense and industrial names.
- The stock's recent advance saw it climb from $147.45 on January 2 to $150.90 on January 7.
- The move comes during a mixed U.S. session where the Nasdaq is modestly lower, with no new company-specific headlines or rating changes emerging for ServiceNow so far today.