10:56 am Workday trades lower after reporting strong results, guidance seems to be the culprit
Workday (WDAY 87.15, -5.34) is trading lower today despite reporting above expectations for Q3 (Oct) and guiding in-line with expectations for Q4 (Jan).
In case you're not familiar, Workday is a provider of enterprise cloud applications for human resources and finance. The company replaces what are typically legacy, on-premise systems with user interfaces that are not intuitive and were not originally designed for mobility.
Its major applications include Workday Human Capital …More