- REAL TIME CURATION
- of financial feeds, Wall Street research, communities, and social media -
- by traders for traders;
- MARKET COMMENTARY:
- Real time alerts on important factors which will affect or are affecting the market including technical factors and floor imbalances;
- ACTIONABLE CONTEXT:
- If applicable, within seconds and minutes, utilizing our real time database of accumulated Wall Street research;
$WDAY (Workday, Inc.)
| 04/10/2019
CASE STUDY: $WDAY (Workday, Inc.)
Workday, Inc. ($WDAY)
On April 10, 2019, after the markets opened, Keybanc Capital Markets published a note on, an ondemand financial management company, detailing how $WDAY had won a contract with Berkshire Hathaway’s GEICO insurance division with the potential to spark big sales momentum in their cloud finance systems.
Through Hammerstone’s many sources and contacts across Wall Street, we were alerted to the Piper $WDAY news immediately and disseminated it to our clients while $WDAY was still in negative territory, starting its rally seconds later. Additionally, Hammerstone was able to also provide its users with a summary of the $WDAY piece by Piper within 7 minutes. Later, at 10:45, Hammerstone noted that $WDAY had continued rallying, now up 2.6%, making new highs of the day (and, by chance, the actual high of the day), thus, making sure we kept our subscribers in the loop on a stock that was still moving significantly.