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Why ServiceNow Stock Was Gaining Today

TheMotleyFool

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Why ServiceNow Stock Was Gaining Today: https://g.foolcdn.com/editorial/images/732938/cloud-computing-microchip-technology.jpg

Shares of ServiceNow (NYSE: NOW) were moving higher today as investors continued to react positively to yesterday's analyst day conference.

The cloud software stock also seemed to benefit from the broader gains in the market as investors cheered news that the debt ceiling standoff could soon come to an end.

The stock closed up 5.3% on Wednesday.

Source Fool.com