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Workday Stock Jumps as Activist Investor Elliott Takes $2B Stake, Praises Management Plan

Justin Sullivan / Getty Images Workday shares were down 15% in 2025 coming into Wednesday's trading session. Key Takeaways Activist investor Elliott Investment Management said it has taken a stake worth more than $2 billion in Workday. Elliott praised the management team of the human resources software provider and the strategy the company spelled out during its recent analyst day. Workday shares were up more than 8% in early trading. Workday (WDAY) shares jumped in early trading Wednesday after a ...