ServiceNow (NOW) stock slips after hours as CEO contract change nears and $7.75B Armis deal stays in focus
ServiceNow shares slipped 0.7% to $153.19 in after-hours trading Wednesday. A regulatory filing showed CEO Bill McDermott’s contract was amended to allow CEO, co-CEO, or chairman roles through at least 2030. Investors are weighing ServiceNow’s planned $7.75 billion cash acquisition of cybersecurity firm Armis, expected to close in the second half of 2026.