Workday Inc is trading 4.6% down at $137.07 today, caught in a broader tech sector decline following a stronger-than-expected U.S. jobs report.
- The move extends a recent pullback for the stock, which experienced a sharp decline earlier in June.
- Growth stocks are facing broad pressure as robust labor market data dampens expectations for near-term interest rate cuts.
- No company-specific headlines, guidance updates, or major analyst actions have emerged this morning to explain the additional downside.