SAP SE
Company Name | SAP SE |
Stock Symbol | SAP |
On September 24, 2024, Bloomberg reported that the U.S. Department of Justice has been investigating SAP since 2022 “for potentially conspiring to overcharge government agencies,” specifically by “fix[ing] prices on sales to the US military and other parts of the government[.]”
On this news, SAP’s stock price fell $8.43, or 3.7%, to close at $222.57 per share on September 25, 2024, thereby injuring investors.
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