Workday shares drop almost 10% in pre-market trading — what’s causing the sell-off?
Shares of Workday Inc. tumbled nearly 10% in premarket trading on Wednesday after the human resources and payroll software maker issued a weaker-than-expected revenue forecast, raising concerns about slowing demand. The California-based company has already seen its stock decline by about 40% on Nasdaq so far this year as investors grow wary of increasing competition…