ServiceNow (NOW) Surges 4.6%: Is This an Indication of Further Gains?

ServiceNow (NOW) shares soared 4.6% in the last trading session to close at $928.6. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.2% loss over the past four weeks.ServiceNow is benefiting from the rising adoption of workflows by enterprises undergoing digital transformation.This maker of software that automates companies' technology operations is expected to post quarterly earnings of $4.22 per share in its upcoming report, w ...