Monday.com's Stock Price Just Exploded. Time to Buy?
monday.com(MNDY) fool.com·2024-05-22 19:21
Is Monday.com's stock jump a sign of future growth? Let's take a look.Shares of Monday.com (MNDY 5.25%) are soaring right now. The stock has gained 53% in a week, including a 21% jump on Wednesday, May 15.The maker of cloud-based project-management and collaboration tools isn't exactly soaring at all-time highs, though. The inflation-based flight from high-flying growth stocks was tough for Monday.com investors, and the stock fell 60% in 2022. It has nearly doubled from that point, but it's a long way back ...