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0.00528537010883112 0.00365539586275648 0.0117138821965606 0.0152862008806181 0.0304062474038381 0.0320677909778184 0.036304727091468 0.04369859599568
Stock impact report

Workday gets $750 million term-loan facility [MarketWatch]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: MarketWatch
Workday Inc. disclosed in a Monday filing that it received a term-loan facility of $750 million and a revolver of $750 million on April 2. The company had an outstanding term loan of $500 million as of April 2, the company said in its filing. Workday shares are up 4% in premarket trading Monday. The stock has lost 27% over the past month, as the S&P 500 has dropped 16%. "Looking out 18 to 24 months, we believe this crisis will prove to have been a major catalyst for customers to engage more actively with many tech companies in our universe, including Workday; however, bankruptcies, spending freezes, business disruptions and elongated decision-making cycles are unfortunate outcomes of any downturn," Monness, Crespi, Hardt & Co. analyst Brian White wrote in a late-March note to clients. Show less Read more
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