WDAY is trading 4.1% down at $137.78 as investors rotate away from volatile software names in a weak tape following a sharp rebound over the past week.

  • The stock remains one of the S&P 500’s worst performers in 2026, previously pressured by disappointing fiscal 2027 guidance and a series of analyst downgrades.
  • Persistent concerns regarding returns on AI spending and profit margins continue to weigh on investor sentiment even as broader markets decline.