Stocks making the biggest moves midday: Circle Internet Group, SAP, Netgear, Jefferies & more

Circle — Shares of the stablecoin issuer tanked about 19% after its rival Tether said it has hired an unnamed Big Four accounting company to audit its USDT reserves.

SAP — The software provider’s share price slid 4% after JPMorgan trimmed its rating to neutral from overweight and dialed back its per-share price target to 175 euros (US$202.48), down from 260 euros (US$300.83). “SAP’s current cloud backlog is likely to decelerate further as the migration base matures, making a re-acceleration difficult to underwrite,” wrote analyst Toby Ogg.

Source: https://www.cnbc.com/2026/03/24/stocks-making-the-biggest-moves-midday-crcl-sap-ntgr-jef.html