ServiceNow, Inc. (NOW) Investigation: Bronstein, Gewirtz &

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) — Attorney Advertising – Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ServiceNow, Inc. (“ServiceNow” or “the Company”) (NYSE: NOW). Investors who purchased securities of ServiceNow are encouraged to obtain additional information and assist in the investigation by visiting the Company’s website: bgandg.com/NOW.

Examination details

On July 8, 2024, Guggenheim downgraded ServiceNow from Neutral to Sell, believing that the company’s apparent expectations for its generative artificial intelligence business in the second half of 2024 were too optimistic and that ServiceNow was overpriced relative to the future risks the company faces. Following this news, ServiceNow’s stock price fell $40.27 per share, or 4.99%, to close at $766.20 on July 8, 2024.

What’s next?

If you know of any facts related to this investigation or any ServiceNow securities you have purchased, you may assist this investigation by visiting the company’s website: bgandg.com/NOW. You may also contact Peretz Bronstein or his account representative Nathan Miller of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There are no costs for you

We represent investors in class action lawsuits on a contingency basis, meaning we ask the court to reimburse us for our expenses and attorney fees (usually a percentage of the total award) only if we win.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm representing investors in securities fraud class action lawsuits and shareholder actions involving derivatives trading. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Past results do not guarantee similar results.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]