ServiceNow falls after $2.85 billion deal to buy AI firm Moveworks
ReutersMar 10, 2025 1:12 PM
Software maker ServiceNow's NOW.N shares fall 3% to $826.9 premarket
NOW to buy AI firm Moveworks for $2.85 billion cash and stock deal, as it looks to accelerate business AI adoption
Transaction expected to close in the second half of 2025
Up to last close, NOW stock had fallen ~20% YTD
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