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ServiceNow shares plunge 25% after third-quarter results revive AI disruption concerns

Source Summary

ServiceNow experienced its worst trading day ever as shares fell 25% following the release of third-quarter earnings results that the market viewed as underwhelming. The sharp decline reflects renewed investor concerns about artificial intelligence disruption affecting the company's business.

Why it matters

A 25% single-day stock decline represents a material loss of shareholder value and signals significant market concern about ServiceNow's competitive position and growth prospects amid AI-driven industry change.

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NYSE:NOWLive chart