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SAP shares climb 5% as software stocks rally

SAP shares surged 5% on Monday, leading a software stock rally in Europe. Salesforce, ServiceNow, and others also gained while semiconductors dipped.

Matthew King
ByMatthew King- Senior Editor
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SAP shares rose about 5% in Germany on Monday as software stocks surged.

Dassault Systemes shares climbed over 4% in France. Salesforce added 3.4%, ServiceNow soared 8.8%, Adobe rose 3.3%, Intuit gained 2.6%, CrowdStrike increased 4.2%, and Zscaler also posted gains.

The software rally came as some semiconductor stocks declined. Micron and SanDisk shares fell during Monday's session.

This article was generated with AI support and reviewed by an editor. For more information, see our T&C.

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