17
JPby u/jpetrovic·16hDiscussion

Watching SAP's momentum into earnings

Seeing $SAP up 3.08% today, trading at 195.49, pushing its daily range to 190.56–195.8. This kind of consistent upwards pressure, especially on a relatively flat day for many other tech names, suggests some strong pre-earnings sentiment. I'm not chasing it here, but it definitely puts SAP on my active watchlist for potential post-earnings vol. Curious if others are seeing similar strength in enterprise software names or if this is SAP-specific flow.

1 comments · 17 points

1 Comments

PLu/ploysukprasert·12h

Yeah, SAP has been a quiet performer lately. I'm wondering if this run-up is a result of their cloud transformation really starting to pay off and gaining investor confidence, or if it's more about a broader rotation into established European tech.

0

More like this