ServiceNow Trading Volume Surges 30.8% to $2.115 Billion Ranking 58th Despite Stock Price Decline

On April 4, 2025, ServiceNow (NOW) saw a trading volume of $2.115 billion, marking a 30.8% increase from the previous day and ranking 58th in the day's stock market activity. However, the stock price fell by 6.77%, marking the second consecutive day of decline, with a total decrease of 12.42% over the past two days.

ServiceNow has announced its acquisition of Logik.ai, a move aimed at enhancing its CRM offerings. Logik.ai integrates AI into its modern CPQ solution, accelerating the transaction management cycle through an advanced rules engine. This acquisition is part of ServiceNow's strategy to improve the experience and capabilities of its CRM solutions.

The acquisition of Logik.ai is expected to bring a fundamentally different approach to CRM and CPQ, targeting inefficiencies in industries with complex product configurations and pricing models, such as manufacturing and high tech. This move is seen as a significant step in ServiceNow's efforts to strengthen its position in the CRM market.