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Enterprise Software, Health Care Stocks Miss Out on Broader Rally
Most of the market was feasting on another helping of Thanksgiving week gains on Wednesday, but enterprise software and health care stocks were missing out on the celebration.
Workday was the biggest laggard in the S&P 500 and among the fewer than 90 stocks in the index that were trading lower on Wednesday. The other major laggards were Deere, Intuit, Salesforce, and ServiceNow.
Workday and Deere were both down on quarterly results. Salesforce, another major player in enterprise software, reports quarterly results a week from today.
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