Diamonds and Dogs

8/28/20

Workday (WDAY) is working. The cloud computing HR stock is up 13% to new highs following earnings. Workday beat by 18 cents as sales rose 19.6% year over year to $1.06 billion as the coronavirus has moved more corporate business online and to the cloud. One analyst upgraded the stock with a $280 price target.

A downgrade for DraftKings (DKNG). Online gambling stock is down 5% as one analyst is cautious on increased competition, slowing momentum on legalization in several states and the risk that the coming NFL season could be canceled or delayed due to Covid-19 issues.

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