According to @StockMKTNewz, ServiceNow (NOW) announced a 5-for-1 stock split, stating the share count will rise fivefold while the price per share will drop to one-fifth, leaving total company value unchanged (source: @StockMKTNewz). This alignment is consistent with regulatory guidance that stock splits do not alter a company’s overall market capitalization or shareholder equity value (source: U.S. SEC Investor.gov). Traders should expect options contracts on NOW to be adjusted by the Options Clearing Corporation to maintain economic equivalence post-split, a standard process during split events (source: OCC). For crypto risk sentiment, equity market risk-on phases have shown periods of positive correlation with BTC, so any short-term tech sentiment shift around the split could coincide with BTC moves even without direct linkage (source: Coin Metrics).