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Why ServiceNow Stock Gained 17% in January

TheMotleyFool

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Why ServiceNow Stock Gained 17% in January: https://g.foolcdn.com/editorial/images/719162/cloud-computing-microchip-technology.jpg

Shares of ServiceNow (NYSE: NOW) were moving higher last month as the cloud software company posted solid results in its fourth-quarter earnings report and benefited from a broader tailwind in the tech sector.

According to data from S&P Global Market Intelligence, ServiceNow stock finished the month up 17%.

ServiceNow has a long track record of steady growth, and its focus on streamlining workflows and breaking up silos has made it a popular choice in enterprise software.

Source Fool.com

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