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Tech Trending Hot Stocks – Workday Inc (WDAY), Cree Inc. (CREE)

Shares of Workday Inc (NYSE:WDAY) ended Thursday session in red amid volatile trading. The shares closed down -0.49 points or -0.53% at $91.56 with 1.39 million shares getting traded. Post opening the session at $92.79, the shares hit an intraday low of $91.09 and an intraday high of $93.00 and the price vacillated in this range throughout the day. The company has a market cap of $18.53 billion and the numbers of outstanding shares have been calculated to be 200.00 million shares.

Workday Inc (WDAY) announced the availability of Workday Learning, an application that offers a personalized, meaningful learning experience for organizations to encourage career development at every stage of the employee lifecycle. Leveraging a consumer-like approach with recommendations and leading-edge video and user-generated content capabilities, Workday is reimagining professional learning to help companies improve employee engagement. Built into the core of Workday`s unified suite of applications, including Workday Human Capital Management (HCM) and Workday Financial Management, Workday Learning extends customers` ability to cultivate their workforces and enables them to better align employee development and workforce productivity to drive better business outcomes — all in a single system.

Shares of Cree, Inc. (NASDAQ:CREE) ended Thursday session in green amid volatile trading. The shares closed up +0.16 points or 0.63% at $25.46 with 621,372.00 shares getting traded. Post opening the session at $25.20, the shares hit an intraday low of $24.82 and an intraday high of $25.48 and the price vacillated in this range throughout the day. The company has a market cap of $2.58 billion and the numbers of outstanding shares have been calculated to be 100.85 million shares.

Cree, Inc. (CREE) announced the appointment of Daniel Castillo as President, Lighting, effective Nov. 7, 2016. In this role, Castillo will report to Chuck Swoboda and will lead both the commercial and consumer lighting businesses. Castillo joins Cree from Eaton Corporation, where he was most recently Senior Vice President, Oil, Gas and IEC Assemblies. Prior to his work at Eaton, Castillo held leadership roles in lighting and other electrical product areas at both Cooper Industries and General Electric.

“We have made tremendous progress over the past several years building a successful LED lighting business,” said Chuck Swoboda, Cree chairman and CEO. “The addition of Danny Castillo to the leadership team brings valuable industry expertise and proven business leadership to Cree as we scale the business to the next level.”

“I am truly excited to join Cree at this stage in its evolution,” said Danny Castillo. “The opportunity to work with a proven leader in LED innovation in the still early stages of LED lighting adoption is compelling. I look forward to working with the Cree Lighting team to deliver operational excellence and enhanced customer value across the business.”

 

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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