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Stock impact report

Workday Founder Returns As CEO While AI Focus Shapes Valuation Outlook [Yahoo! Finance]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Workday co founder Aneel Bhusri is returning as CEO following the resignation of Carl Eschenbach. The leadership change comes as Workday increases its focus on artificial intelligence across its enterprise software products. The company is responding to sector wide questions about AI, including regulatory attention on potential bias in hiring algorithms. For investors watching NasdaqGS:WDAY, this leadership shift arrives after a mixed share price experience. The stock trades at $147.18, with a 5.8% gain over the past week but declines of 8.7% over the past month and 28.5% year to date. Longer term, returns over 1, 3, and 5 years have been negative, which helps explain why any change at the top gets close attention. The renewed focus on AI, together with Bhusri's return, is likely to influence how customers, employees, and regulators view Workday from here. Show less Read more
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