ServiceNow’s stock price stopped falling after plummeting on Monday amid speculation about a potential mega deal. The company’s shares are expected to recover as investors reassess their expectations and the situation becomes clearer. A deal of this magnitude would significantly impact the business, leading to increased investor confidence in ServiceNow’s ability to navigate such a transaction.
Source: https://www.barrons.com/articles/servicenow-stock-price-deal-armis-downgrade-50a0891a