Workday’s Stock (NASDAQ: WDAY) Gains, Revenue Surges

On Thursday Workday’s stock rose as high as $186.71, at close dropped to $182.56. Slowly growing stock suddenly gained 7.15% amid top management plans for expansion in new markets. Mid-march and beginning of April were a nightmare to WDAY that reached the lowest $113.87 while the majority of stocks crashed too. Fortunately, Workday could increase April’s revenue over $1 billion during the pandemic lockdown. The gross profit turned into a huge number but operating expenses are still dominating by making earnings negative, therefore, expanding into a new market is the only option. It may take some time to get rid of the negative earnings while adapting to the new business running in different countries.

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Alex Krakowsky

Editor in Chief. Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life