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via barrons.comBusiness & Companies

Monday.com stock drops: better earnings but weak revenue forecast

FROM THE WIRE · BARRONS.COM

Monday.com reports better-than-expected third-quarter earnings, but its revenue forecast falls short.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA revenue forecast below expectations explains the stock drop despite earnings above estimates.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Monday.com reported third-quarter earnings above expectations.
  2. 02Its revenue forecast falls short.
  3. 03The stock is falling on the news.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
monday.com Ltd.MNDYStock87.93 USDMarket closedtoday -6.30%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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