Why Monday.com Stock Is Plummeting Today
MNDYmonday.com(MNDY) The Motley Fool·2024-02-13 01:14

Monday.com (MNDY -8.94%) stock is sinking today despite the company reporting better-than-expected fourth-quarter results. The low-code and workflow software specialist's share price was down 8.9% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence. The stock had been down as much as 16.5% earlier in the day's trading.Monday.com published its fourth-quarter results before the market opened this morning, reporting sales and earnings performance for the period that were actually far bet ...