ServiceNow (NOW) stock barely moves after ex-Microsoft legal chief Nowbar is named president — here’s what investors watch next
New York, January 5, 2026, 21:38 EST — Market closed ServiceNow on Monday named longtime Microsoft executive Hossein Nowbar as president and chief legal officer, shifting the top legal job as the company leans harder into AI and cybersecurity. Microsoft Vice Chair and President Brad Smith called Nowbar “incredibly fortunate to have him,” in a statement. ServiceNow shares closed up 0.05% at $147.52 and were little changed in extended trading, which is trading outside the 9:30 a.m. to 4 p.m. regular session. ServiceNow Newsroom+1 The move lands at a delicate moment for big enterprise software firms, which are balancing customer