ServiceNow Stock Jumps 16% After Strong Q1 Earnings

(RTTNews) - ServiceNow, Inc. (NOW) surged 15.30 percent to $937.07, gaining $124.37 during Thursday's trading after reporting solid first-quarter results. The company posted revenue of $3.09 billion, up from $2.60 billion a year ago, and net income rose to $460 million from $347 million.

Shares opened at $900.31 and traded between $899.02 and $943.98, sharply higher than the previous close of $812.70 on the New York Stock Exchange. Volume reached 4.7 million shares, more than double the average volume of 2.1 million.

The stock is now trading near the upper end of its 52-week range of $637.99 to $1,198.09.