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Why is Workday Inc (WDAY) Stock down?

We've noticed a 15.33% decline in Workday Inc (WDAY) stock during the 2024-05-24 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
28 Sep, 2023:

Workday (WDAY) stock sank 8.49% Thursday following a downward guidance revision from management. Workday had previously guided for annualized subscription revenue growth of more than 20% over the next three years, but it lowered its forecast to growth of between 17% and 19%.


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