Workday Soars, Applied Materials Slumps, Tapestry Slides | Stock Movers

By Bloomberg Podcasts

Community Score: 50% | 159 views | 3d

0 community ratings: null thumbs up, null thumbs down

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Workday (WDAY) shares jumped after a Reuters report that private equity firm Silver Lake is in talks to purchase the software provider. The private equity firm has been in discussions for several months about a takeover of Workday, which makes software for business tasks such as human resources, Reuters reported Thursday citing unidentified people familiar with the talks. There is no guarantee a deal will occur, the newswire said. The shares jumped 26% to $220.50 before they were halted for volatility. Workday has been one of the software companies whose business has been threatened by artificial intelligence startups. The stock had dropped 18% through Wednesday’s close. - Applied Materials (AMAT) reported third-quarter results that beat expectations and gave a fourth-quarter forecast that is above the analyst consensus. However, shares of the semiconductor capita

Tags: Business, Business News, Daily News, News, bloomberg, bloomberg news, business, finance, investing, investing news, markets, markets news, podcast, radio, stock, stock market, stocks, stocks podcast