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ServiceNow (NYSE: NOW) Stock Split and Acquisition Impact
Financial Modeling Prep· 2025-12-18 18:05
ServiceNow executed a 1-for-5 stock split to make shares more accessible, yet faced an 11% decline post-announcement of a $7 billion acquisition of Armis Security.The acquisition aims to enhance cybersecurity offerings but led to an analyst downgrade and investor unease, impacting stock prices.ServiceNow (NYSE: NOW) is a prominent player in the enterprise software industry, specializing in digital workflows that enhance productivity and efficiency for businesses. The company is known for its cloud-based pla ...