Monday, October 26, 2020

SAP shares drop as much as 21%, the biggest intraday fall since 1999, as profit and sales declined and it cut revenue forecast for the full year (Bloomberg)

Bloomberg:
SAP shares drop as much as 21%, the biggest intraday fall since 1999, as profit and sales declined and it cut revenue forecast for the full year  —  - Previous outlook incorrectly ‘assumed economies would reopen’  — German software maker also delays longer-term financial goals



from Techmeme https://ift.tt/3mhnoHM

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