Oct 29, 2026, 9:52 AMEarnings
ServiceNow Stock Sinks Nearly 18% After Q3 Earnings as Record Drop Looms
ServiceNow shares fell nearly 18% premarket after third-quarter earnings, putting the stock on track for a record drop, while JPMorgan saw a bright spot.
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Summary
ServiceNow shares declined nearly 18% in premarket trading on Thursday, October 29, 2026, as investors assessed the software company’s third-quarter earnings. The move put the stock on course for its largest decline on record.
JPMorgan identified a bright spot despite the selloff, but the available MarketWatch feed did not disclose the bank’s view or ServiceNow’s earnings figures, guidance or other operating details. The premarket status also meant the record decline was not yet final.
Positives
- JPMorgan saw a bright spot in ServiceNow’s third-quarter report, although the available feed did not identify it.
- The nearly 18% decline occurred before the market opened, so the full-session outcome had not been established.
Risks & concerns
- ServiceNow shares fell nearly 18% in Thursday premarket trading after investors received its third-quarter results.
- The decline put ServiceNow stock on track for its largest single-session drop on record.
- The available feed omitted earnings, guidance and operating figures, limiting assessment of the selloff’s underlying causes.
Primary sourceMarketWatch.com - Top Storieshttps://www.marketwatch.com/story/servicenow-stock-is-on-track-for-its-largest-drop-on-record-but-jpmorgan-sees-a-bright-spot-5e5b05c6?mod=mw_rss_topstories
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