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SAP SE

Company NameSAP SE
Stock SymbolSAP

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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