ServiceNow CEO looks to call a bottom on software stocks with this $3 million move

Core Insights - The software selloff is intensifying, prompting ServiceNow's CEO to purchase shares during the downturn and to join other executives in halting automated stock-selling plans [1] Company Actions - ServiceNow's CEO is actively buying shares, indicating confidence in the company's future despite current market conditions [1] - The decision to end automated stock-selling plans by the CEO and other executives suggests a strategic move to align their interests with the company's long-term performance [1]