This price reflects trading activity during the overnight session on the Blue Ocean ATS, available 8 PM to 4 AM ET, Sunday through Thursday, when regular markets are closed. Is NOW a long-term buy?
Software and data stocks, from $111 bln ServiceNow to RELX, plunged on fears that chatbots can mimic their products. For the most part, valuations now imply measly growth, rather than destruction.
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