Workday (WDAY) has decreased by 31.2% over the last 21 trading days, significantly underperforming the broader market and the enterprise software peer group.
Workday stock drops after weak guidance as AI investment hits margins. See analyst outlook, price target cuts, and why ...
Investors have grown more concerned in recent weeks that AI models could end up causing major disruption for software-as-a-service companies like Workday in the coming years, or possibly even months.
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