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Workday shares jump after Silver Lake takeover report

The report adds momentum for a potential deal, arriving amid investor concerns about AI disrupting Workday’s business model.

Reported · Written up by our desk · M&A & Deals

Workday shares rose sharply after a report surfaced that Silver Lake is considering a takeover of the company, marking its best day in about a decade, CNBC Markets reported.

Investors have also been weighing the risk that AI could disrupt Workday’s business model, which has contributed to an uneasy sentiment around the stock.

The takeover speculation comes as the market focuses on how enterprise software companies are positioned for AI driven changes to software workflows and spending.

Latest closeSilver $65.49 ▲1.1%

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