SAP Dives Amid Mixed Results As Key Cloud Metric Disappoints

SAP Stock Dives Amid Mixed Results As Key Cloud Metric Disappoints | Investor's Business DailyBREAKING: [Rare Earths Stocks Skid On Policy Shift]---SAP (SAP) stock plunged after the business software maker reported fourth quarter profit that topped estimates while revenue slightly missed. A key cloud- computing-related metric for SAP stock came in below expectations. "Current Cloud Backlog growth of 25% in constant currency was below target of 26%, driving shares lower," said TD Cowen analyst Derrick Wood i ...