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ServiceNow stock is plunging amid SaaSpocalypse fears: is this an overreaction?

Source: invezz.com

Corporate EarningsCompany Fundamentals
ServiceNow stock is plunging amid SaaSpocalypse fears: is this an overreaction?

ServiceNow shares fell nearly 20% to $121 in extended trading after the company published its financial results. The price was its lowest since August 21 and 24% below its high for the year; the article provides no results figures or explanation for the decline.

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