Belpointe PREP (AMEX:OZ) Stock, Quote.Headers.trade-ideas

Belpointe PREP LLC is a qualified opportunity fund. The company's investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers, and solar projects located throughout the United States and its territories.

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Amplify YieldShares Oil Hedged MLP Income ETF

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Airspan Networks Holdings Inc. Common Stock

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	FingerMotion, Inc. (NASDAQ: FNGR) gained 82.2% to close at $3.37.


Why F45 Training  Shares Climbed 41%; Here Are 84 Biggest Movers From Friday

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	Imperial Petroleum Inc. (NASDAQ: IMPP) jumped 63.1% to close at $0.80 on Tuesday after declining around 7% on Friday.


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	Indonesia Energy Corporation Limited (NYSE: INDO) jumped 75.2% to $7.87.
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50 Stocks Moving In Tuesday&#39;s Mid-Day Session

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General

Russia's Putin Says Aggression Against Russia By Any Non-nuclear State, But With The Participation Or Support Of A Nuclear State, Is Proposed To Be Considered As Their Joint Attack On The Russian Federation; We Reserve The Right To Use Nuclear Weapons In Case Of Aggression Against Russia And Belarus; We Reserve The Right To Use Nuclear Weapons In Case Of Aggression Against Russia Including If The Enemy Poses A Critical Threat To Our Sovereignty With Conventional Weapons

Mizuho analyst David Bellinger maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Outperform and raises the price target from $3280 to $3350.

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Analyst Ratings

Mizuho Maintains Outperform on AutoZone, Raises Price Target to $3350

Russia's Putin Says Number Of Clarifications Have Been Proposed With Regard To Definition Of Conditions For Use Of Nuclear Weapons; Current Military-Political Situation Is Changing Dynamically In The World, And We Must Take This Into Account; We See The Emergence Of New Sources Of Military Threats And Risks For Russia And Our Allies; Category Of States And Military Alliances Subject To Nuclear Deterrence Has Been Expanded

<a href="https://www.rubrik.com/blog/technology/24/9/user-intelligence-government">https://www.rubrik.com/blog/technology/24/9/user-intelligence-government</a>
We're thrilled to announce the availability of User Intelligence on <a href="https://www.rubrik.com/blog/technology/24/9/products">Rubrik Security Cloud</a> - Government. Rubrik User Intelligence empowers Fed and SLED organizations with visibility into user activities, access patterns, and potential risks. This level of insight is critical for enforcing least-privilege access to sensitive data, before it results in breaches.
For Federal and State/Local Governments, understanding who has access to sensitive data and how it's being used is crucial for maintaining data integrity, ensuring compliance, and swiftly responding to security incidents.
Generally, the process of enforcing user access becomes fluid and chaotic as data continues to proliferate across various platforms and environments. People move in and out of the company, move horizontally within the organization, and configuration drift occurs—leaving access to this sensitive information wide open to users and groups that don't need it.&nbsp;
Organizations need to first understand exactly who has access to sensitive information and how that access has changed over time. Only then can the company take proactive actions to enforce least privileged access.
<h2>Introducing User Intelligence for Rubrik Security Cloud - Government</h2>
With the addition of User Intelligence to Rubrik Security Cloud - Government, agencies can:
Gain User Access Visibility: Obtain a holistic view of user access patterns and behaviors across the environment.
Streamline Reporting: Easily generate reports on user access and activities to support audit requirements and demonstrate that your data is secure.
Enhance Access Control: Use granular insights to refine and optimize access policies, ensuring the principle of least privilege is enforced and maintained.
Accelerate Incident Response: Quickly investigate and respond to potential security incidents with detailed user activity timelines and analysis.
In addition to pointing out who has access to sensitive information and bubbling up risk analysis and exposure, User Intelligence also reports on how that access has changed over time.
It enables proactive data exposure risk reduction by providing visibility into sensitive data access, calculating risk, and tracking changes to the data and associated risk over time. The entire process of scanning for sensitive data and determining user access happens on backup data, essentially, the catalog of your entire environment - no heavy-duty agents, no impact on production.
<h2>Government Certifications</h2>
Rubrik Security Cloud - Government continues to meet rigorous security standards, including StateRAMP&#x2122; certification, "In Process" FedRAMP&#xAE; Moderate status, and security attestations for CJIS Security Policy and FERPA security conformance.
Hundreds of state and local governments nationwide already rely on Rubrik to secure their critical data. With the addition of User Intelligence, Rubrik further solidifies its commitment to providing government entities with the tools they need to protect sensitive information and maintain operational resilience in the face of evolving cyber threats.

RBRK

'How Government Agencies Can Regain Control Over Who Has Access to Sensitive Public Data; Rubrik Announces The Availability Of User Intelligence On Rubrik Security Cloud - Government' - Blog Post

Stellantis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) and China&#8217;s Leapmotor revealed that they are set to begin taking orders in Europe for a city car and an SUV, as they expand their budget electric vehicle (EV) offerings in the region.
Stellantis is leading a 51:49 operating agreement for the joint venture Leapmotor International, as the Leapmotor C10 and T03 media <a target="_blank" href="https://www.media.stellantis.com/em-en/leapmotor/press/leapmotor-international-s-first-european-media-drive-in-milan?adobe_mc_ref=" rel="noreferrer noopener">event </a>takes place in Milan.
This strategic partnership aims to accelerate and boost Leapmotor&#8217;s product sales globally, excluding Greater China, by leveraging Stellantis&#8217; global resources and commercial expertise to offer affordable prices.
Earlier this week, the company was in the headlines after it confirmed that it is looking for a new CEO to replace&nbsp;Carlos Tavares.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40998923/stellantis-begins-search-for-new-ceo-to-succeed-carlos-tavares-report" rel="noreferrer noopener">Stellantis Begins Search For New CEO To Succeed Carlos Tavares (Updated)</a>
Tavares took the helm of the company in January 2021. The search for a new CEO is part of the normal process of determining leadership succession &#8220;given the importance of the position,&#8221; a Stellantis media representative&nbsp;told&nbsp;<a target="_blank" href="https://pro.benzinga.com/dashboard" rel="noreferrer noopener">Benzinga</a> in a statement.
Tavares&#8217; contract is set to expire in 2026. The company added that there is still a possibility that the current CEO will stay in the role for longer.
Earlier this month, President of U.S. Stellantis National Dealer Council (NDC)&nbsp;Kevin Farrish&nbsp;reportedly <a target="_blank" href="https://www.benzinga.com/news/24/09/40827607/stellantis-fires-back-at-us-dealer-councils-allegation-of-short-term-decision-making-carmaker-says-p" rel="noreferrer noopener">wrote to company CEO</a> Tavares, accusing him of &#8220;short-term decision-making&#8221; and urged that the CEO spend more to clear older inventory.
Meanwhile, the carmaker&nbsp;Stellantis reportedly responded that it takes &#8220;absolute exception&#8221; to the open letter sent by the Farrish, terming it a &#8220;public personal attack.&#8221;
Price Action: STLA shares are trading lower by 1.70% to $15.30 at last check Wednesday.
Photo by Jonathan Weiss on Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/40996517" target="_blank" rel="noreferrer noopener">Stellantis Denies UAW Allegations Of Failing To Keep Promises Made To Workers</a></li>
</ul>

Equities

STLA

Stellantis And Leapmotor Gear Up For European Launch Of Budget City Car And SUV

Choice Hotels International, Inc.&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/chh#NYSE">CHH</a>) expertise in top-tier hotel conversions is opening new doors for it in the extended-stay hotels segment along with expanding its market reach.
Between Jan. 1 and Sept. 17, 2024, CHH opened 17 MainStay Suites and Suburban Studios hotels, of which 16 properties were conversions, with the average length of time between contract signing and official opening being around 120 days. The key opening markets were Las Vegas, NV; Moreno Valley, CA; Orlando and Tampa, FL.
Furthermore, about half of the approximately 70 properties in the pipeline for MainStay Suites and Suburban Studios are conversions, which are expected to open between September 2024 and March 2025.
CHH stock inched up 0.5% during the trading hours on Monday following this announcement.
<h2>CHH&#39;s MainStay Suites &amp; Suburban Studios</h2>
Two of Choice Hotels&#39; proprietary brand names, MainStay Suites and Suburban Studios, offer the comforts of home with a fully equipped kitchen in every room housing almost all the necessary kitchen appliances. Guests can unwind and relax or catch up on work with free Wi-Fi in the spacious guestrooms.
The guest profile of MainStay Suites comprises sports teams, medical professionals, business travelers, members of the military, mid-level blue-collar workers, students, professors, medical patients and people relocating or renovating their homes. On the other hand, the guest profile of Suburban Studios includes blue-collar infrastructure and construction workers as well as seasonal workers and families.
<h2>Choice Hotels&#39; Extended-Stay Conversion Success</h2>
Choice Hotels&#39; move into the extended-stay hotel space has been gaining recognition in the industry. The imbalance between low supply and high demand for extended-stay hotels has been fueling the growth trend of this business in the hospitality industry.
The company&#39;s success in this space is built upon its &quot;Kitchen-in-a-Box&quot; concept, which showcases a modular kitchen design that allows franchisees to quickly and efficiently convert a transient hotel into an extended-stay hotel with kitchens in each room. With a conversion tenure of three to four months, with this model, owners and developers can make expeditious offerings of extended stay rooms.
During the second quarter of 2024, CHH grew its domestic extended-stay unit system size by 14% year over year. With growth across its extended-stay brands&#39; portfolio, the company is well-positioned to achieve a long-term average annual growth of 15%.
<h2>CHH&#39;s Price Performance</h2>
Shares of this global hotel franchisor have gained 15.3% in the year-to-date period, outperforming the Zacks Hotels and Motels industry&#39;s 11.6% growth.&nbsp; Strong demand trends across the company&#39;s diversified portfolio of brands and extended-stay conversion hotel openings, along with international market reach expansion, are favoring the growth trajectory.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/f0/78995.jpg?v=845945776" />
Image Source: Zacks Investment Research
The improving trend is clear from CHH&#39;s estimate revision trend as well. The Zacks Consensus Estimate for third-quarter 2024 earnings per share has trended upward to $1.93 from $1.91 in the past 30 days. The estimated figure indicates 6% year-over-year growth.
<h2>CHH&#39;s Zacks Rank &amp; Key Picks</h2>
Choice Hotels currently carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks from the Consumer Discretionary sector.
Interface, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tile#NASDAQ">TILE</a>) currently sports a Zacks Rank #1 (Strong Buy).
TILE has a trailing four-quarter earnings surprise of 65%, on average. The stock has surged 88.7% in the past year. The Zacks Consensus Estimate for TILE&#39;s 2024 sales and earnings per share indicates growth of 3.9% and 28%, respectively, from the year-ago levels.
DoubleDown Interactive Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ddi#NASDAQ">DDI</a>) currently sports a Zacks Rank of 1. DDI has a trailing four-quarter earnings surprise of 22.1%, on average. The stock has gained 54% in the past year.
The Zacks Consensus Estimate for DDI&#39;s 2024 sales and EPS indicates an increase of 12.6% and 15.8%, respectively, from the year-ago levels.
Norwegian Cruise Line Holdings Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nclh#NYSE">NCLH</a>) presently sports a Zacks Rank of 1. NCLH has a trailing four-quarter earnings surprise of 5.7%, on average. The stock has gained 38.3% in the past year.
The Zacks Consensus Estimate for NCLH&#39;s 2024 sales and EPS indicates an increase of 9.8% and 125.7%, respectively, from the year-ago levels.
<a href="https://www.zacks.com/stock/news/2340767/chh-emerges-as-the-pioneer-of-extended-stay-conversion-hotels?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2340767">To read this article on Zacks.com click here.</a>

Earnings

Mid Cap

TILE

CHH Emerges as the Pioneer of Extended-Stay Conversion Hotels

Daniel Lubetzky, the founder of KIND Snacks, is <a href="https://www.benzinga.com/general/entertainment/24/09/40930343/slide-over-mark-cuban-theres-a-new-shark-in-the-pool-could-this-billionaire-be-his-replacem">joining the panel of regular sharks</a> on &#8220;Shark Tank&#8221; replacing <a href="https://www.benzinga.com/topic/mark-cuban">Mark Cuban</a>. But before becoming a business mogul, Lubetzky made a risky $220 million move that almost cost him his company. It turned out to be the best decision he ever made.
Back in 2008, KIND was still a small player in the snack industry. Lubetzky had just taken a $16 million investment from a private equity firm, VMG Partners. The deal was that he had to sell the company within five years. It seemed like a solid plan then but things turned unexpectedly.
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&#8220;Four years into the deal, I was realizing that Kind could become so much bigger,&#8221; he recalled to CNBC. Sales were up and Lubetzky felt the company had much more potential. But his investors were eager to cash out, pressuring him to sell. Instead of giving in, Lubetzky decided to buy back their shares. The problem was, he needed $220 million to do it.
<h2 class="wp-block-heading">The Gamble of a Lifetime</h2>
This was no small feat. Lubetzky had to scrape together company cash and take on millions in bank loans to make it happen. &#8220;Because I hadn't pre-negotiated the terms for buying them out, it turned out to be very, very expensive – and very risky. It was a very painful negotiation,&#8221; he said.&nbsp;
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: Unlock the hidden potential of commercial real estate —<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!</a>
<hr class="wp-block-separator has-alpha-channel-opacity" />
He could have lost everything if KIND's sales had dropped even slightly. He had sleepless nights knowing that any misstep could result in losing the company he'd built from scratch.
But Lubetzky believed in KIND and decided to leap. &#8220;I felt like we were just getting started,&#8221; he said. He was right. The company's annual sales nearly doubled that year, setting the stage for what would come next.
Lubetzky transformed his $220 million gamble into a tremendous win. By the time he decided to sell KIND to Mars in 2020, the firm had amassed an astounding $5 billion valuation. He attributes KIND&#8217;s success to his decision to purchase back his company.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: This investment company boasts a 35.14% internal rate of return (IRR) for its realized projects, allowing accredited investors to<a href="https://www.benzinga.com/money/bam-capital"> earn passive returns and avoid the headaches of being a landlord.</a>
<hr class="wp-block-separator has-alpha-channel-opacity" />
&#8220;If we had sold back in 2013, KIND might have gotten lost inside a big corporation,&#8221; he explained. Instead, he kept the company independent and, as a result, it grew into one of the world&#8217;s most recognized healthy snack brands.
He wishes he knew back then that when you negotiate with a private equity firm, it's not &#8220;their way or the highway.&#8221; When you <a href="https://www.benzinga.com/partner/movers-shakers/24/07/39904273/interested-in-investing-in-private-companies-like-openai-but-dont-have-the-capital-check-o">bring investors into your company</a>, it's no longer completely yours. &#8220;You need to remember that it's now a company that you and others own,&#8221; Lubetzky shares.
As the new regular on &#8220;Shark Tank,&#8221; Lubetzky will bring this same boldness and entrepreneurial spirit to the show.&nbsp;
See Also: Founder of Personal Capital and ex-CEO of PayPal<a href="https://www.benzinga.com/money/evergreen-money"> re-engineers traditional banking with this new high-yield account — start saving better today.</a>
<h2 class="wp-block-heading">Why Mark Cuban Left</h2>
After more than 10 years as a regular on the program, <a href="https://www.benzinga.com/news/23/11/35988212/mark-cuban-to-exit-shark-tank-reflects-on-his-worst-deal-and-surprise-success-shared-with-benzinga">Mark Cuban decided to leave &#8220;Shark Tank&#8221;</a> in order to spend more time with his family. Having balanced business endeavors and TV appearances for years, he now desired to devote himself to spending more time with his wife and three kids before they left to pursue their own lives.
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<li>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a></li>
</ul>

Startups

The New Shark Tank Star Replacing Mark Cuban Once Made A $220 Million Blunder That Grew His Startup Into A $5 Billion Powerhouse

In the current market session, VEON Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEON#NASDAQ">VEON</a>) stock price is at $29.49, after a 2.16% decrease. However, over the past month, the company's stock went up by 11.02%, and in the past year, by 54.24%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1727282715_0.png" alt="Past Year Chart" />

<h3>VEON P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 24.88 in the Wireless Telecommunication Services industry, VEON Inc. has a lower P/E ratio of 6.92. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1727282715_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

VEON

Price Over Earnings Overview: VEON

LVMHF

Live On CNBC, Amy Raskin Announced Trimmed LVMH-Moet Hennessy Louis Vuitton Position

Biden Administration Urges Freight Railroads To Guarantee Paid Sick Leave For All Employees

Wells Fargo analyst Sarah Akers maintains Southwest Gas Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWX#NYSE">SWX</a>) with a Equal-Weight and raises the price target from $74 to $78.

Wells Fargo Maintains Equal-Weight on Southwest Gas Hldgs, Raises Price Target to $78

Shares of CleanSpark Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) climbed last week as Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) prices rose, following the Federal Reserve's first interest <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40944577/whats-going-on-with-bitcoin-miner-cleansparks-stock">rate cut in four years.</a>
The company has grown faster than its peers over the past couple of years to become the second-largest public miner by deployed capacity, according to HC Wainwright.
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/61d4371c30778300016abc55/mike-colonnese">Analyst Mike Colonnese</a> reiterated a Buy rating and price target of $27.
The CleanSpark Thesis: A call with management showcased why the company is a "must-own mining stock" heading into the next stage of Bitcoin's price cycle, Colonnese said in a note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
The analyst mentioned the main takeaways from the call:
<ul>
<li>CleanSpark continues to be on track to hit its hash rate guidance of 37 EH/s by yearend.</li>
<li>The company&#8217;s 2025 guidance of 50 EH/s could prove to be conservative.</li>
<li>Management is focusing on Bitcoin mining while many of its peers are diversifying into HPC/AI.</li>
<li>"CleanSpark&#8217;s strategy of acquiring attractively priced, private turnkey BTC mining assets paired with strong organic growth has enabled the company to deliver nearly 160% growth in deployed capacity to date in 2024."</li>
</ul>
"Management sees several near-term positive catalysts for BTC and the mining sector starting in 4Q24, including the upcoming election in November (regardless of who wins) and expects BTC to reach $185k this cycle, which would represent a ~3x increase from current levels," he further wrote.
CLSK Price Action: Shares of CleanSpark were flat at $9.62 at the time of publication on Wednesday.
Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40819256/x-gains-ground-as-facebook-slips-musk-closes-in-on-zuckerberg-in-social-media-face-off">CleanSpark Acquires New Bitcoin Mining Sites: What&#8217;s Going On With The Mining Stock Tuesday?</a>
Image created using artificial intelligence via Midjourney.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Reiteration

$BTC

CLSK

Bitcoin Mining Stock's 'Strong Organic Growth' Make It A 'Must-Own,' Says Bullish Analyst

The U.S. Department of Justice (DOJ) is investigating German software giant SAP SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) and U.S. reseller Carahsoft Technology.
What Happened: The DOJ is investigating two companies over allegations of conspiring to overcharge U.S. government agencies. The civil probe, which has been ongoing since at least 2022, focuses on potential price-fixing schemes involving $2 billion worth of SAP technology sold to U.S. military and government agencies since 2014.
The DOJ is also examining other software resellers, including a unit of Accenture plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), for possible involvement in this market manipulation. The investigation came to light after federal agents raided Carahsoft's Virginia offices, seizing documents and computers. Prosecutors have since filed suit against Carahsoft, to enforce demands for internal communications related to these SAP sales.
Why It Matters: Carahsoft is an important firm in federal technology procurement. Since 2020, the firm has secured more than $3.5 billion in contracts. 
SAP technology accounts for a large share of this business, with Carahsoft facilitating over 600 contracts worth nearly $1 billion. If bid-rigging inflated prices on these deals, the government agencies could have been significantly overcharged over the last decade.
Also Read:&nbsp; <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41025381/exclusive-novo-nordisk-faces-political-heat-over-weight-loss-drug-prices-ahead-of-e">EXCLUSIVE: Novo Nordisk Faces Political Heat Over Weight-Loss Drug Prices Ahead Of Elections, Yet &#8216;The Real Issue Is With The Middlemen&#8217;</a>
Repeated Offenders: Both firms have previously faced legal issues. Carahsoft and VMware paid $75.5 million in 2015 to settle claims of overcharging the government. Recently, SAP settled a $222 million bribery case involving seven countries, including South Africa and Indonesia, further intensifying scrutiny on the company's practices.
Bloomberg<a href="https://www.bloomberg.com/news/articles/2024-09-25/us-probing-tech-firms-sap-carahsoft-for-potential-price-fixing"> reported</a> SAP confirmed it is cooperating fully with the DOJ and stressed that no criminal charges have been filed.
Following the news, SAP and Carahsoft have not cancelled a two-day Executive Summit in San Francisco starting today. The event aims to explore future IT trends and innovations and will feature participants such as Data Scientific CEO Cassie Kozyrkov, bestselling author Sol Rashidi and former OpenAI's Head of Go-To-Market Zack Kass.
Carahsoft has not immediately responded to Benzinga's request for comment.
Price Action: Following the news, SAP stock fell 2.91% to $224.21 on Wednesday. It remains one of the best-performing European large-cap stocks, with a year-to-date gain of around 47%.
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Department Of Justice Investigates SAP, Carahsoft In $2B Price-Fixing Probe

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