Workday Stock Falls. Wall Street Isn’t Taking Kindly to Co-Founder’s Return as CEO.
Core Viewpoint - Workday's stock has declined following the announcement of co-founder Aneel Bhusri's return as CEO, succeeding Carl Eschenbach, amid ongoing turbulence in the software industry [1]. Group 1 - Workday is experiencing challenges in the software sector, prompting a leadership change [1]. - The stock performance under outgoing CEO Carl Eschenbach has been underwhelming, contributing to the decision for a leadership shake-up [1].