Reported 3 days ago
ClearBridge Investments has announced the exit of its stake in Workday, Inc. (WDAY) citing deteriorating fundamental growth and rising AI risks. Their third-quarter 2025 investor letter noted that despite a strong overall market, Workday’s core organic growth has slowed, particularly in human capital management, and it hasn't created a comprehensive suite of AI tools to enhance pricing or growth opportunities. This decision reflects a strategic shift towards other perceived AI winners with greater potential.
Source: YAHOO