ServiceNow (NYSE:NOW) Downgraded by Goldman Sachs Amid Market Fluctuations

Core Viewpoint - ServiceNow has been downgraded by Goldman Sachs from Buy to Sell, with the stock price at $141.80 at the time of the announcement [1][5] Company Performance - The current stock price of ServiceNow is $141.80, reflecting a decrease of 3.00% or $4.39 [3] - Over the past month, ServiceNow's stock has declined by 15.7%, contrasting with the Zacks S&P 500 composite's increase of 1.2% [2][5] - The stock has fluctuated between a low of $141.43 and a high of $147.35 during the trading day [3] - Over the past year, the stock has ranged from a low of $135.73 to a high of $239.62, indicating significant volatility [3] Market Position - ServiceNow's market capitalization is approximately $147.16 billion, highlighting its substantial presence in the market [4] - The trading volume for the day reached 11.73 million shares, indicating active investor interest [4] - Despite the downgrade, ServiceNow remains a focal point for investors, ranking among the most searched stocks on Zacks.com [2][5]