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Why Workday Stock Jumped 32.5% in August

TheMotleyFool

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Why Workday Stock Jumped 32.5% in AugustPhoto, wide shot, wide-angle lens, Telecom equipment supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/ad10ed87-71d0-4096-a50b-ba9470f8264b.png

Shares of Workday (NASDAQ: WDAY) rose 32.5% in August, according to data from S&P Global Market Intelligence. The enterprise software company's stock gained ground thanks to momentum for the broader market and also enjoyed a big late-month boost after the company reported better-than-expected second-quarter earnings.