The slide marks NOW's steepest weekly drop since 2016 and represents a sharp reversal for a stock that investors had treated as a high‑quality way to play digital transformation and enterprise AI.NOW stock is tanking. See the chart and price action here. NOW Sells Off The selloff has been driven by a sharp de‑rating of high‑multiple software companies amid worries that AI could compress pricing power across traditional SaaS. A key additional blow on Friday came from the analyst community: UBS analyst Karl K ...