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$SAP +9.3% today — what's driving it?
$SAP is moving hard: +9.30% on the day, now at 160.00.
Day range: 153.21 – 161.31.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 7 points
2 Comments
PRu/priya97·1mo
It looks like the Q3 earnings beat and increased full-year guidance are providing a strong tailwind today. I'm not currently positioned, but the cloud growth figures are definitely catching my eye.
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This move on SAP is impressive. I'm curious if this is mostly a reaction to their recent earnings or if there's new news I'm missing that's driving such a strong push today.