Why did NOW stock fall about 3% today?

The drop likely reflects a risk-off session for software combined with fresh governance headlines and recent insider selling signals. Heavy dollar volume suggests institutions were active. Without a negative fundamental update, the move looks sentiment-driven, but traders often wait for stabilization before adding risk.

What does the ServiceNow CEO extension mean for investors?

Extending Bill McDermott’s agreement and revising severance terms offer leadership continuity and clearer governance. That can support long-term customer confidence and multi-year deals. Investors will still watch execution, growth durability, and any changes in incentives or costs tied to the updated policy.

How should I approach entries after today’s decline?

Consider scaling in rather than buying all at once. Look for signs like tighter daily ranges, higher lows, and stronger closes. Pair entries with predefined stops if trading, or use staged buys around earnings and major customer events if investing with a longer horizon.

Do insider sales mean more downside for NOW stock?

Insider selling can weigh on short-term sentiment, but it does not always signal weakening fundamentals. Use it alongside other data like bookings commentary, renewal rates, pipeline quality, and estimate revisions. If those stay healthy, insider activity alone is a limited predictor of price direction.

Global Market Insights

NOW Stock Today: December 23 – CEO Deal Extended as Shares Fall 3%

ByHuzaifa Zahoor December 24, 2025December 24, 2025

NOW stock slipped about 3% today as ServiceNow (NOW) extended CEO Bill McDermott’s agreement and revised its executive severance policy per a fresh 8-K. The governance update arrived on a risk-off session, with roughly $1 billion in dollar value traded, underscoring heavy participation. We explain what the filing means for leadership stability, how the day’s move fits recent ranges, what insider selling signals imply, and the key watch items U.S. investors should track in the weeks ahead for NOW stock.