NOW is trading 4.8% down at $105.38 in pre-market, retreating from its recent rally amid broader tech sector weakness and risk-off market sentiment.
- The decline follows a recent 4.1% surge driven by the announcement of an AI-powered cybersecurity partnership with Accenture.
- Shares are giving back a portion of the sharp gains seen during the early-July rally as global markets and futures indicate downward pressure on the technology sector.