ServiceNow Plunges 0.85% as $1.64B Volume Surge Pushes It to 61st in Market Activity Amid Broader Market Shifts

On October 1, 2025, ServiceNow (NOW) closed at a 0.85% decline with a trading volume of $1.64 billion, ranking 61st in market activity. The stock’s performance followed a period of heightened trading interest, though no major company-specific news directly influenced the session’s movement. Analysts noted that broader market dynamics and sector rotation played a more prominent role in shaping the stock’s trajectory.

While the stock faced downward pressure, the volume surge indicated increased investor engagement. However, the absence of material corporate developments or earnings releases meant that the price action remained largely decoupled from fundamental catalysts. Market participants observed that the trade reflected broader trends in high-growth tech equities rather than unique ServiceNow factors.

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