Levi & Korsinsky notifies investors that it has commenced an investigation into ServiceNow, Inc. (NYSE: NOW) concerning potential violations of the federal securities laws.
On July 8, 2024, Guggenheim downgraded ServiceNow to Sell from Neutral, opining that the Company's apparent expectations with respect to generative artificial intelligence business in the second half of 2024 were overly optimistic and that ServiceNow was overpriced relative to the future risks that the Company faces. Following this news, ServiceNow's stock price dropped over 5% on July 8, 2024.
If you suffered a loss on your ServiceNow securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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