🟢 SAP is trading 3.35% up today as software stocks rally

SAP is trading 3.35% up at $218.77, driven by sector momentum as software stocks rally alongside strong Nvidia and Salesforce results.

• The immediate August 27 move is a rebound after the August 26 selloff tied to UBS concerns about slow agentic-AI rollout and cloud-backlog growth.
• The Nasdaq Composite is up 1.10%.
• No new SAP-specific announcement was identified; UBS’s downgrade remains the key recent company-specific overhang.