Workflow
Workday Stock Surges on Investor Stake, AI Moves, Upgrades
WorkdayWorkday(US:WDAY) Schaeffers Investment Research·2025-09-17 14:55

Workday Inc (NASDAQ:WDAY) stock is surging today, up 8.6% at 237.92atlastglance,afteractivistinvestorElliottInvestmentManagementunveileda237.92 at last glance, after activist investor Elliott Investment Management unveiled a 2 billion stake in the software name and showed support for the company's leadership. Plus, Workday announced a 4billionsharebuyback,justonedayafterannouncingitsacquisitionofAIfirmSanaforroughly4 billion share buyback, just one day after announcing its acquisition of AI firm Sana for roughly 1.1 billion. In response, Piper Sandler upgraded the stock to "neutral" from "overweight," while Guggenheim upped its rating to "buy" from "neutral. ...