ServiceNow is trading 4.03% down at $119 amid reports highlighting 117 California layoffs taking effect August 17, 2026.
- The layoffs follow earlier reductions and may be weighing on sentiment as investors assess the company’s AI-driven restructuring.
- Renewed attention has focused on exposed ServiceNow portals.
- The S&P 500 is down 0.16% and the Dow is down 0.42%; no confirmed earnings, guidance, acquisition, or analyst-action catalyst was found for August 17, 2026.