ServiceNow Stock Falls Friday: What's Going On? - ServiceNow (NYSE:NOW)

ServiceNow’s shares pulled back on Friday amid resistance and a narrative shift around its AI partnerships. The article ties today’s retreat to Accenture rolling out two AI-focused offerings built on ServiceNow’s AI Platform, including managed security services and an AI automation solution aimed at reducing the cost and complexity of modernizing enterprise risk and security operations. Momentum had improved after a July 1 upgrade to Buy, which framed valuation concerns as already reflecting “extinction,” and after a TV appearance featuring Stephanie Link on CNBC’s “Final Trades.” The technical picture shows the stock down 44.52% over 12 months and trading 17.8% below its 200-day SMA ($130.82). Near term levels highlighted are resistance at $111.00 and support at $89.50. ServiceNow is scheduled to report earnings on July 22, 2026.