Workday opens up 72% from its offer price; on track for 5th largest first day gain this year

By
A A A

After pricing its IPO at $28, above its upwardly revised $24-$26 range, Workday ( WDAY ) opened for trading Friday morning at $48.05, representing a 71.6% gain. If trading holds, Workday is on track to claim the fifth largest first day gain so far this year, behind Splunk (SPLK; +109% first day pop), Millennial Media (MM; +92%), Annie's (BNNY; +89%) and Proto Labs (PRLB; 81%).



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: WDAY

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Stocks

Referenced

100%

Most Active by Volume

112,131,130
  • $74.98 ▲ 5.18%
57,963,905
  • $8.32 ▲ 8.33%
48,392,602
  • $3.45 ▼ 0.29%
45,276,527
  • $36.17 ▲ 4.21%
44,800,927
  • $17.84 ▲ 0.34%
44,539,649
  • $97.03 ▼ 0.16%
44,078,180
  • $15.62 ▲ 0.64%
43,461,551
  • $35.50 ▼ 1.06%
As of 7/24/2014, 04:04 PM