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ServiceNow share up sharply in initial trading

By The Associated Press
Published
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ServiceNow Inc.’s shares jumped 30 percent in its market debut.

The San Diego-based company priced its offering of nearly 11.7 million shares at $18 each late Thursday. That’s above the expected range of $15 to $17. Its stock price increased to $23.40 within the first hour of trading Friday.

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