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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 · 6 points
2 Comments
THu/thomasandersson·1mo
Looks like the Q1 results and increased outlook for the year are really driving this. Curious if anyone thinks this momentum is sustainable or if it's priced in now.
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Interesting move today for SAP. I'm wondering if this is a delayed reaction to their Q4 earnings, or if there's new sector-specific news driving the push, perhaps related to cloud adoption rates in Europe.