ServiceNow (NOW) Falls as IPO Lock-Up Expires

December 26, 2012 10:53 AM EST
Shares of ServiceNow, Inc. (NYSE: NOW) are seeing pressure Monday following an IPO lock-up expiration.

5,008,688 shares become eligible for sale today following the lock-up expiration. This will increase the public float by nearly 15 percent.

Shares of NOW last traded at $30.17, down 4.7 percent.

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