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ServiceNow faces securities fraud investigation after Q3 earnings miss and stock plunge.

Market News
10 Nov 2026, 23:49 WIB
GlobeNewsWire
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Bearish
ServiceNow faces securities fraud investigation after Q3 earnings miss and stock plunge.

Pomerantz LLP is investigating ServiceNow following its Q3 2026 earnings report, which showed non-GAAP EPS of $1.00, below estimates of $1.02, and a lowered growth outlook for performance obligations. The company's stock dropped nearly 27% after the announcement. The investigation focuses on whether ServiceNow and its executives engaged in securities fraud or unlawful practices. Investors are advised to contact Pomerantz LLP for potential class action participation.

ServiceNow (NOW) trades at USD 99.91 on Pluang as of Nov 11, 2026 05:02 WIB, down 2.77% in the last day. Despite the recent sharp drop noted in the article, Pluang data shows a more moderate decline today with a market cap of $106.66 billion and strong buyer interest at 82% of order activity. The typical hold time for NOW on Pluang is 57 days, indicating a relatively steady investor base amid ongoing scrutiny.

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