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309 ServiceNow Sell-Off Highlights Jittery Market

The Information
Martin Peers @ The Information 3 place · 12/15/2025 20:00 EDT

ServiceNow Sell-Off Highlights Jittery Market

Talk about a jittery market. Shares of ServiceNow dropped 11.5% on Monday after a weekend report that the enterprise software firm was in “advanced talks” to buy cybersecurity firm Armis for $7 billion. The stock sell-off wiped $21 billion off ServiceNow’s market capitalization—reducing it to $159 billion—which seems something of an overreaction. But it’s a demonstration that nowadays investors are selling first and asking questions later. Investors have turned particularly negative towards the smaller clou

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