SAP shares hit 17-month low as AI-driven selloff burns $130 bln

Core Viewpoint - Shares in Germany's SAP have continued a months-long downtrend, reaching their lowest point since August 2024, with a total market value loss of approximately $130 billion since last year's record high [1] Group 1 - SAP's stock price decline has been significant, indicating ongoing challenges for the company [1] - The current market value loss reflects a substantial decrease from previous highs, highlighting investor concerns [1]