ServiceNow Stock Jumps 5% as Company Denies Decagon Acquisition Rumors

Key Facts

1ServiceNow stock rose 5% to $146 after the company denied interest in acquiring Decagon.

ServiceNow stock rose 5% to $146 after the company denied interest in acquiring Decagon. 247wallst.com reported that the rally followed a formal clarification from the company regarding rumors of a potential takeover of the AI customer-service startup.

ServiceNow (NOW) closed at $139.98 on October 14, 2026, while peer software stocks showed mixed performance with Salesforce (CRM) closing at $235.95 and Palantir (PLTR) closing at $200.97 on the same date. The market reaction indicates positive sentiment toward the company's commitment to organic growth over large-scale acquisitions.