ServiceNow’s stock soars toward historic month as AI fears fade across software
Cloud
ServiceNow is up ~40% this month and 14% today alone, riding an enterprise AI relief rally catalyzed by Dell's blowout earnings. The move puts NOW at historically stretched levels with insiders actively selling into strength, raising mean-reversion risk even as the broader software sector re-rates higher.
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↓ SHORT-8% target+4% stop1-2 weeks tactical
Fade NOW near-term as insiders sell into a 40%-in-one-month rip — wait for a pullback to re-enter the AI software theme at better risk/reward.