ServiceNow Stock Drops 19% as OpenAI Deal Brings Its Workflows to ChatGPT
ServiceNow lost nearly a fifth of its market value in a single morning, on the same day its expanded OpenAI partnership put the company’s workflows inside ChatGPT. The ServiceNow OpenAI partnership is real, and it is ambitious. Wall Street just didn’t care, at least not on Thursday. Shares of ServiceNow (NYSE: NOW) fell about 19% in early trading on Oct. 29, 2026, after the company reported third-quarter results the night before. MarketWatch reported the stock was on track for its largest single-day drop on record. Reuters put the premarket decline at 19%, with the stock sliding 19.6% at one point in the session, according to the Economic Times live blog. ...