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from the world of economics and financeServiceNow shares dropped in Wednesday’s late trading. Photo: Getty Images
ServiceNow Inc.’s stock had been hot, but it lost steam in Wednesday’s after-hours trading as the company came up a bit shy on subscription revenue, a closely watched metric.
The software company also missed expectations with its subscription-revenue guidance, as its chief financial officer said she expects deals to be more weighted toward the second half of the year.