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Shares of SAP SE ADS (SAP) fell 2.52%, trading at $225.12 as of 9:39 AM ET on Sept 25, 2024, following a report by Bloomberg that the German software giant is under investigation by the U.S. Justice Department for potential price-fixing violations.
The news has raised concerns about legal challenges and potential penalties, leading to a dip in the company’s stock price as investors react to the development.
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