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Why ServiceNow (NOW) stock is nosediving

Shares of enterprise workflow automation company ServiceNow (NYSE:NOW) fell 26.3% in the afternoon session after the company forecast fourth-quarter current remaining performance obligations growth to decelerate to 18.5%, reigniting concerns regarding artificial intelligence disruption.

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Oct 30, 2026 - 02:00
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Why ServiceNow (NOW) stock is nosediving
Shares of enterprise workflow automation company ServiceNow (NYSE:NOW) fell 26.3% in the afternoon session after the company forecast fourth-quarter current remaining performance obligations growth to decelerate to 18.5%, reigniting concerns regarding artificial intelligence disruption.
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