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Workday shares surge after reports of possible private equity bid
The stock jumped 18% on Thursday as market speculation focused on a potential private-equity acquisition.
Workday’s shares climbed sharply on Thursday, rising 18%, after reports circulated about a potential private-equity acquisition, MarketWatch said.
The surge marked a record-like move for the HR software company, with investors reacting to the buyout speculation that could reshape sentiment around its software outlook.
MarketWatch framed the reaction as a potential catalyst for a software revival, given how acquisition talk can quickly reprice expectations for growth and value.
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