SAP stock was headed for its biggest loss in more than five years on Thursday after the German software company reported better-than-expected earnings, but cloud revenue growth that fell short of ...
MILAN, Jan 29 (Reuters) - Shares in Europe's largest software maker SAP (SAPG.DE), opens new tab were set for their steepest daily fall since October 2020 on Thursday, down over 10% after results ...
The decline marks the stock's biggest daily fall since October 2020, when SAP's shares dropped 22% following disappointing third-quarter results. Analysts noted that the 26% growth in cloud backlog in ...