🟢 NOW is trading 5.8% up today as investors hunt for bargains after steep tech selloff

NOW is trading 5.8% up today at $94.75 as investors hunt for bargains following a sharp multi-day slide and sector-wide tech weakness.

• The move appears to be a rebound as the market reassesses high-multiple software names that were previously beaten down by AI cost and valuation concerns.
• Recent coverage indicates that major tech stocks, including ServiceNow, had fallen more than 50% from their previous highs prior to today's recovery.
• Analysts attribute the current price action to bargain-hunting rather than fresh company-specific news or catalysts.