Workday is trading 4.5% down at $163.00 in after-hours trading, pressured by a weak tech tape and concerns over heavy AI spending.
- Major AI and semiconductor names like AMD and SpaceX are sliding after disappointing guidance, weighing on software and growth stocks more broadly.
- The move sees the stock giving back part of its recent rebound, though no fresh, Workday-specific news or earnings releases have appeared to explain the decline.