After shedding nearly 13% on Tuesday, NOW stock looks dead set on diving to $360

$NOW stock lost 12.7% on Tuesday on negative guidance. CEO Bill McDermott worried enterprise software investors with a negative industry outlook. ServiceNow long-term support sits in the $350s-$360s by claymarkets stocks trading

is a bit more mature, a bit more favoured among institutions. NOW shares are only down 32% year to date. Still, the stock is off another 2% in Wednesday's premarket, and it seems likely that this downtrend will continue until the mid-$300s are in sight.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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