Elliott Investment Is Bullish on Workday's Future -- Market Talk

Dow Jones
12 hours ago
 

2003 ET - Elliott Investment Management says it is pleased with its dialogue with Workday and has faith in the human-resources-software company's future growth plans. "We believe this multi-year plan will drive substantial long-term value creation for Workday shareholders, and we look forward to continued collaboration with the company," Elliott says, noting it is one of Workday's largest investors, with an investment of more than $2 billion. Elliott's statement comes on the heels of Workday's annual financial analyst day, and after the company said it would acquire Sana--an AI company focused on workplace tools--for $1.1 billion as part of a broader push to offer companies and their employees AI services. Workday shares rise 5.7% in after-hours trading. (connor.hart@wsj.com)

 

(END) Dow Jones Newswires

September 16, 2025 20:03 ET (00:03 GMT)

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