ServiceNow shares fall a record 25% after its bookings outlook misses
ServiceNow saw its biggest intraday decline since its 2012 IPO, with shares falling to $112.37. The drop was triggered by the company's bookings outlook missing market expectations.
Key points
- Shares fell as much as 25% to $112.37
- Biggest intraday drop since the company went public in 2012
- Decline caused by a miss in bookings outlook
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