NOW is trading 4.2% up today at $93.97, continuing its recovery from a historic 18% plunge on April 23.
- The stock's rebound follows a Q1 earnings beat and the announcement of a strategic $7.75 billion acquisition of Armis Security.
- The company is positioning itself as an AI control tower for enterprise security to counter slowing subscription growth tied to conflict-related delays.
- Today's gains signal sustained investor confidence in the company's strategic pivot following the initial market shock.