Why Is Workday Stock Surging This Week?
The stock of business software provider (NASDAQ: WDAY) is surging this week. It climbed more than 7% on Wednesday.
What's up? And should smart investors consider putting money into this stock?
Workday provides cloud applications that enable organizations to manage their finances, expenses, sourcing, and human resources, among other business operations. Its applications are used by more than 11,000 organizations globally and about two-thirds of the Fortune 500. The company has a market cap of about $58 billion.
Source Fool.com
Workday, Inc. Stock
€119.08
-2.940%
The stock is one of the favorites of our community with 68 Buy predictions and 2 Sell predictions.
Based on the current price of 119.08 € the target price of 245 € shows a potential of 105.74% for Workday, Inc. which would more than double the current price.
