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Home›US Markets›Equities›Workday shares jump on buyout speculation

Workday shares jump on buyout speculation

The stock gained 18% in one session as reports pointed to a possible private-equity acquisition.

Reported · Written up by our desk · Equities

Workday shares surged Thursday, rising 18% amid reports that the HR software company could be the target of a private-equity acquisition, according to MarketWatch.

The rally marked a record surge for the stock, with investors reacting to the prospect of a buyout and potential changes to the company’s strategic outlook, MarketWatch reported.

← Newer storyWorkday shares surge after reports of possible private equity bid

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Sources

MarketWatchWorkday’s stock sees a record surge. Could a buyout spark a software revival?
MarketWatchWorkday’s stock sees a record surge. Could a buyout spark a software revival?

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