HR Software Maker Workday Sets Price Range For IPO At $21 To $24 Per Share , Valued At Nearly $4B

Workday, a company offering online tools for enterprises to manage human resources, payroll, and finances, has set the terms for its IPO. The company is pricing its shares between $21 and $24 each, according to an SEC filing this morning. The company could raise as much as $628 million in the offering. At the high-end of the range, Workday is valued at nearly $4 billion ($3.8 billion). Workday will list its stock on the New York Stock Exchange under the symbol "WDAY." According to Reuters, the IPO is scheduled to be priced on October 11.

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