Google Finance: A Look at CNQR (Concur Technologies)

CNQR, representing Concur Technologies (formerly and sometimes still referred to by its stock ticker), is a frequent search on Google Finance for those interested in corporate expense management. While Concur Technologies itself is no longer a publicly traded company under the ticker CNQR, it remains a significant player in its field and a subject of interest for investors monitoring the overall market. Here's a breakdown of why CNQR remains relevant on Google Finance, even if indirectly.

Historical Data and Market Analysis

Google Finance provides historical stock data. Searching for CNQR, even though the ticker is defunct, will likely yield data from its time as a public entity. This data can be valuable for analysts studying acquisition trends, comparing valuations of tech companies before and after mergers, and benchmarking performance. Researchers might use the historical price action and market capitalization of CNQR to model potential outcomes for similar companies or assess the overall health of the business travel and expense management sector.

Acquisition by SAP and Industry Dynamics

Concur Technologies was acquired by SAP in 2014. This acquisition is a key reason why CNQR is no longer actively traded. The acquisition itself is a significant event in business software history. Google Finance can serve as a starting point to understand the context surrounding this acquisition. It allows users to investigate the market conditions, the competitive landscape, and the rationale behind SAP's decision. Understanding the factors leading to the acquisition can inform investment strategies related to other potential acquisition targets in the tech industry.

Substitute Information and Related Companies

While direct CNQR data is historical, Google Finance offers information on related companies and sectors. Users interested in Concur Technologies' business may search for SAP (the parent company) to understand its financial performance and strategic direction. They can also research competitors in the travel and expense management space, such as Expensify or other SaaS-based solutions. This allows for comparative analysis of the entire industry despite the absence of live data for CNQR itself.

News and Articles

Google Finance aggregates news articles related to companies. Searching for CNQR may yield older articles about Concur Technologies' performance, acquisition, and impact on the industry. This can provide insights into its legacy, the rationale behind its business model, and its competitive advantages. Though not real-time stock information, these articles contribute to a broader understanding of the company's history and influence.

Caveats and Important Considerations

It's crucial to remember that CNQR is not currently an active stock. Any data displayed on Google Finance related to CNQR will be historical. Investors should focus on SAP's performance and the performance of companies operating in similar business areas to gain a contemporary understanding of the market. Furthermore, relying solely on Google Finance for investment decisions is not recommended. Consult with financial professionals and utilize comprehensive research tools to make informed choices.