Software-as-a-Service companies have shown a tremendous success on Wall Street—since July, the stock of Human Resources Management pioneer Salesforce.com rose a whopping 828% a share. Stock in enterprise software company Workday shot up 73% on opening day of trading. The success of the wildly popular Salesforce.com Inc., as well as the Workday IPO from earlierContinue reading “Why Wall Street Loves SaaS”
Tag Archives: Workday
Why HR Is Best In the Cloud
Why Human Resources is Probably Your Best Bet in The Clouds By Subhadeep Ghose for The Motley Fool Network: Cloud-based human resources software maker Workday (NYSE: WDAY) has probably never had it so good. Intelligent share pricing, smart marketing strategies, and steady growth potential have prompted the market to catapult the company’s stock price. And now that the initial euphoriaContinue reading “Why HR Is Best In the Cloud”
Workday shares up 73% in IPO
SAN FRANCISCO (MarketWatch) – Shares Workday Inc. soared Friday as the enterprise software company began trading on the New York Stock Exchange. The stock was trading up 73 % to $48.50 after pricing at $28 a share, above its proposed range of $24 to $26. The Pleasanton, Calif.-based company’s initial public offering initially set a priceContinue reading “Workday shares up 73% in IPO”
Workday Offers IPO of $28 Per Share
Workday Announces Pricing of Initial Public Offering From Marketwire: PLEASANTON, CA – Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for human resources and finance, announced the pricing of its initial public offering of 22,750,000 shares of its Class A common stock at a price to the public of $28.00 per share. The underwriters have been granted a 30-dayContinue reading “Workday Offers IPO of $28 Per Share”
HRM Software: Catch The Wave!
Enterprise software may be flying under the radar of most investors, but that appears to be changing—and changing very soon. Facebook’s initial offering stumble earlier this year may be the reason investors are keeping mum about “cloud-based” service companies. It is also why a small company called Workday filed for an IPO this week withContinue reading “HRM Software: Catch The Wave!”