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0.00135927835051546 -0.00011597938144334 -0.000605670103092819 -0.00141752577319591 -0.000180412371134003 -0.00636597938144322 -0.0056643041237113 -0.0135567010309278
Stock impact report

ServiceNow shares plunge on Armis deal speculation [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Bloomberg reported over the weekend that ServiceNow is nearing an agreement to buy Armis, though neither company has confirmed the talks. In a note reacting to the news, Morgan Stanley highlighted the report, if accurate, would mark ServiceNow's third acquisition proposal of more than $1 billion this year and its largest in 2025. “This past weekend, a news outlet reported ServiceNow is in advanced talks to acquire Armis, a cyber exposure management platform provider for up to $7B,” Morgan Stanley said, adding that it has “no knowledge whether any such transaction might occur.” Analyst Keith Weiss noted that operational technology, or OT, has been a key focus area for ServiceNow and that a potential deal “would further solidify its positioning in an increasingly important market” if announced. The analyst believes Armis would provide “a scaled OT security solution that can bolster its existing $1B+ ACV Security and Risk businesses.” However, he cautioned that the size of the Show less Read more
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