ServiceNow's stocks have faced some significant price fluctuations recently, with many investors questioning whether it's a good investment opportunity. Reflecting on Q4 results, the automation software stocks experienced a slide as the market rose, leaving investors perplexed. Financial advisor,
Jim Cramer, share his perspective on why
enterprise software stocks have been underperforming, without a clear consensus on
ServiceNow. The fluctuation has been attributed to factors such as Yokohama release and a $2.9 billion
Moveworks Deal, prompting some investors to consider this a time to buy. Notably,
Thrivent Financial for Lutherans and the
Commonwealth of Pennsylvania Public School Empls Retrmt SYS have both sold their ServiceNow shares. However,
Xponance Inc. and
Horizon Investments LLC have increased their holdings while
Advisors Asset Management Inc. and
Envestnet Portfolio Solutions Inc. have reduced their stock position in ServiceNow. It's also worth mentioning that ServiceNow closed a deal to buy
AI startup Moveworks for $3 billion. The company's stocks took a surge after its
Yokohama Platform release.
Servicenow Stocks News Analytics from Fri, 24 Jan 2025 08:00:00 GMT to Sat, 22 Mar 2025 19:14:22 GMT -
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- Innovation -4
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