ServiceNow stock jumps after Pyramid Analytics deal as AI jitters still haunt software
ServiceNow shares climbed 3.7% to $107.15 Friday after announcing a deal to acquire Pyramid Analytics, pending regulatory approval. The move followed a volatile week for the stock, which remains over 51% below its 52-week high. Broader U.S. markets rose as January inflation data came in softer than expected. Salesforce and Oracle also gained, while Atlassian slipped.