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What’s Going On With Workday Stock After Earnings?

Workday reported quarterly sales of $1.99 billion which beat the analyst consensus estimate of $1.973 billion and earnings of $1.74 per share. However, the company lowered its forward guidance and now sees second-quarter subscription revenue of $1.895 billion and fiscal-year subscription revenue of between $7.7 billion and $7.725 billion.

WDAY

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Why Lilium Shares Are Dropping

Lilium announced $114 million in financing, including the pricing of a $40 million underwritten public offering of 38,095,238 of the company's Class A ordinary shares and warrants to purchase 38,095,238 shares, as well as a concurrent $50 million private placement of 47,573,111 Shares and warrants to purchase 47,573,111 shares.

LILM