ServiceNow Stock Drops for Third Day, Trading Volume Ranks 52nd Amidst AI Partnership Expansion

Generated by AI AgentAinvest Market Brief
Wednesday, May 21, 2025 8:02 pm ET1min read

On May 21, 2025,

(NOW) experienced a 0.69% decline, marking its third consecutive day of losses, with a total decrease of 2.44% over the past three days. The trading volume for the day was 12.74 billion, ranking 52nd in the market.

ServiceNow has recently expanded its partnership with

, integrating AI-native networking solutions across multiple platforms. This collaboration aims to revolutionize the telecom industry by leveraging AI-driven network automation, enhancing operational efficiency and service delivery.

Oppenheimer has maintained its buy rating for ServiceNow, setting a target price of $1,100. This rating reflects the firm's confidence in ServiceNow's strategic initiatives and market position, despite the recent stock price fluctuations.

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