ServiceNow
ServiceNow Plunges 10% as 'SaaSpocalypse' and Federal Budget Cuts Reshape Enterprise Software Valuations
SANTA CLARA, Calif. — On a day marked by extreme volatility across the technology sector, ServiceNow (NYSE: NOW) saw its shares plummet by 10.4% on April 2, 2026, a staggering decline that underscores a broader "valuation reset" within the enterprise software industry. Despite a history of beating quarterly