Why Is ServiceNow Stock Surging On Friday?
ServiceNow stock advances after beating Q2 earnings estimates, raising full-year guidance, and receiving updated Wall Street analyst targets.
ServiceNow did better than people expected this quarter and promised even better results ahead, so investors got excited and bought the stock. When a company beats expectations and raises its promises, that's a signal people trust the company is doing well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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