Workday shares surged and trading was halted multiple times following a report that Silver Lake is pursuing a takeover, marking what CNBC described as the stock's best day in about a decade.
Key facts
- Workday shares jumped roughly 18% on the report, according to CNBC.
- Trading in the stock was halted multiple times during the surge, according to CNBC.
- CNBC reported the move followed a report that Silver Lake is pursuing a takeover of Workday.
- CNBC reported it was Workday's best trading day in about 10 years.
- CNBC reported that Workday investors have been on edge over the prospect of AI disrupting the company's business model.
Shares of Workday surged roughly 18% on August 13, 2026, and trading was halted multiple times following a report that Silver Lake is pursuing a takeover of the software maker, according to CNBC.
CNBC described the move as Workday’s best trading day in about 10 years.
According to CNBC, Workday investors have been on edge over the prospect that artificial intelligence could disrupt the company’s business model.
Further details about the terms, timing or status of any potential takeover were not provided in the available reporting.
Why it matters
A potential takeover of a major enterprise software company would draw close attention across the business technology sector. As of this reporting, the terms and status of any deal remain unconfirmed.
Frequently asked questions
How much did Workday stock rise?
According to CNBC, Workday shares jumped roughly 18% on the report of a Silver Lake takeover.
Why was trading in Workday halted?
Trading was halted multiple times because of the sharp price movement following the takeover report, according to CNBC.
Who is reportedly pursuing Workday?
CNBC reported that private equity firm Silver Lake is pursuing a takeover of Workday.