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ServiceNow Shares Fall 18% After Hours on Q3 Earnings Miss

ServiceNow shares fell 18% after hours Wednesday after third-quarter earnings missed Wall Street estimates. Revenue topped forecasts, and management raised its artificial intelligence targets.

NOW

Shares of ServiceNow (NOW) fell 18% after-hours on Wednesday after the company’s third-quarter earnings fell below Wall Street estimates, largely due to its earlier acquisition of cybersecurity firm Armis, even as revenue topped forecasts and management raised its artificial intelligence targets.Ea…