SAP shares move higher as optimism on AI lifts interest in Europe’s software major
SAP SE shares rose during Tuesday trading in Frankfurt. The German software group was among the bigger gainers in European tech, as investors bought back into the cloud software stock after recent losses. SAP traded at 156.42 euros according to a real-time Tradegate estimate from MarketScreener, up 5.79%. Its five-day Xetra chart showed SAP finished Tuesday at 156.50 euros, a 5.79% gain from Monday’s close. Xetra runs from 9 a.m. to 5:30 p.m. Monday to Friday.