In an “Executive Decision” segment, Cramer spoke with Aneel Bhusri, co-founder and CEO of Workday , the cloud software provider that had a rough December quarter but has since seen its shares rally to near 52-week highs. Bhusri said that after a slow October and November, business bounced back in December and January and led to record quarter for the company.
Category: Workday
Why Workday Inc. Stock Popped Today
Workday also noted it isn’t updating its latest financial guidance, which incidentally caused Workday stock to plunge last month as the company warned a few larger deals with multinational customers had been delayed. More specifically, Workday told investors to expect fiscal fourth quarter to be in the range of $427 million to $430 million.
Why Workday Inc. Stock Fell 15.9% in 2016
That’s not to say the entire year was painful. In fact, despite plunging early in 2016 along with the broader market’s historically painful start, shares of Workday were up slightly year to date leading into its fiscal third-quarter 2017 report on Dec. 1, 2016.