Where Will Workday Stock Be in 5 Years If Silver Lake Doesn't Buy It?
Reuters reported that Silver Lake has held talks to take Workday private, and the shares jumped nearly 18%. The report also noted Workday's revenue is up 13.3% over the past year, with net income up about 74%.
Why it matters — A potential take-private deal by Silver Lake could significantly affect Workday's future as a public company, making this a key development for investors tracking the stock.