Shares of enterprise software company Workday (WDAY) have gained momentum in recent trading sessions after investors learned that the stock would join the S&P 500 Index ($SPX) later this month. Founded in 2005, Workday is a cloud-based software vendor that went public in 2012. In the last 12 years, Workday stock has returned roughly 460% to shareholders, outpacing broader market returns of 426%.
