SERVICENOW INC CEDEAR EACH 172 is trading at $0.76 (1.7% down) as the instrument tracks a continued reversal in its underlying U.S.-listed ServiceNow (NOW) shares.
- The decline follows a sharp 8.4% drop in the U.S. shares, driven by profit-taking after a multi-week rally of approximately 25%.
- Today's additional weakness is viewed as a continuation of the recent technical pullback rather than a reaction to new company-specific news.