Here's Why Workday Stock Is Soaring Today

Even against a brewing headwind, this software company is giving investors good reason to be bullish. Shares of business-management software company Workday (WDAY 11.27%) are up 11.7% as of 11:55 a.m. ET Friday, according to data from S&P Global Market Intelligence, in response to its second-quarter results reported after Thursday's close. Although fresh economic headwinds led to merely mediocre guidance, strong revenue growth allowed the organization to top its bottom-line estimates. An aggressive stock bu ...