SAP stock price crashes 23%, €28bn wiped out as firm warns of Klein(er) revenues, profits ahead due to COVID-19
SAP: Look at the cloud, look at the cloud... you're under. Market: Nope
Europe's largest software manufacturer, SAP, took a massive hit to its share value this morning cutting its profit and sales outlook for the full financial year, as businesses continued to scale back investments during the COVID-19 pandemic....