SAP shares set for biggest daily drop since 2020

Core Insights - Shares in SAP, Europe's largest software maker, experienced a significant decline of over 10%, marking the steepest daily fall since October 2020 [1] - This decline has resulted in a market value loss of approximately $150 billion [1] Company Performance - The recent results released by SAP did not meet market expectations, contributing to the stock's sharp drop [1] - The failure to stabilize the stock price indicates ongoing challenges within the company [1]