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Stock impact report

Jim Cramer Says “I Am Not Going to Call Bottom in ServiceNow” [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
“Okay, so ServiceNow, wow. Is it at a one-year low? It is down a hundred bucks. Holy cow. Alright, so why is ServiceNow going down? Enterprise software, whether it be Adobe, which has really been hammered, whether it be Salesforce, which is not doing well, the chart that is, or ServiceNow, it's pretty awful. I am not going to call bottom in ServiceNow. It is just too darn hard for me.” Stock market data. Photo by Jakub Zerdzicki on Pexels ServiceNow, Inc. (NYSE:NOW) provides a cloud platform that supports digital workflows through AI, automation, low-code tools, analytics, and a set of IT, security, customer-service, and employee-experience products. During the January 5 episode, a caller highlighted the recent stock split and asked for Cramer's opinion, to which he replied: “Well, the problem is that it is a software company and the software companies are being eaten by the hardware, some would say. It still has a high price-to-earnings multiple. I was surprised the stock gave Show less Read more
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