Why ServiceNow Stock Jumped 20% Last Month
Shares of ServiceNow (NYSE: NOW) were climbing last month after the enterprise cloud computing specialist delivered a strong fourth-quarter earnings report. According to data from S&P Global Market Intelligence, the stock finished the month up 20%.
As you can see from the chart below, the stock gained over the course of January and then popped when its fourth-quarter earnings report came out at the end of the month.
Source Fool.com