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Workday prices IPO at $28, above the range

By: Renaissance Capital
Posted: 10/12/2012 8:27:00 AM
Referenced Stocks: WDAY

Workday, which provides on-demand software for human capital management to large enterprises, raised $637 million by offering 22.8 million shares at $28, above the range of $24 to $26. Workday plans to list on the NYSE under the symbol WDAY. Morgan Stanley, Goldman Sachs, Allen & Company and J.P. Morgan acted as joint bookrunners on the deal.