https://www.live-feeds.com/feed/why-servicenow-stock-plunged-this-weekContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/why-servicenow-stock-plunged-this-weekhttps://www.live-feeds.com/feed/why-servicenow-stock-plunged-this-week#u178955Thu, 05 Nov 2026 22:35:34 +0000ServiceNow shares dropped significantly this week, with reports citing losses between 25% and 34% by October 30. The decline followed quarterly results that disappointed Wall Street, specifically a weak forecast for fourth-quarter current backlog growth. While management increased full-year artificial intelligence revenue targets, the backlog guidance reignited investor concerns regarding AI disruption. The stock closed at $105.12 on October 30, marking one of its worst days ever. Some investors remain cautious due to execution risks and the company's premium valuation.Why it mattersThe s