Workday (WDAY +6.9%) rallies above $52, adding to Friday's huge post-IPO jump. While the...

|About: Workday (WDAY)|By:, SA News Editor

Workday (WDAY +6.9%) rallies above $52, adding to Friday's huge post-IPO jump. While the company's sky-high valuation fuels debate over whether a bubble has formed in high-growth enterprise/cloud software names, Workday execs have been touting the potential of its HR and ERP software to disrupt a global market of 23K+ enterprises with 1K or more employees - Workday's solutions are currently used by less than 400 of them. The company also says it's interested in expanding into analytics. (more)