MO

Monday.Com

MNDY
NASDAQInformation Technology
$65.14
USD
-1.52(-2.28%)
At close: Apr 30, 17:18 UTC
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Open

$65.09

Prev. Close

$65.09

High

$65.16

Low

$65.09

Market Snapshot

Market Cap

$3.45B

P/E Ratio

29.0

EPS

0.65

Revenue

$972M

Why MNDY moved

Monday.com faces a class action lawsuit for allegedly inflating revenue claims, causing a 21% stock drop and prompting investor concerns about growth projections until 2026.

About

monday.com Ltd. engages in the business of operating a cloud-based visual work operating system that consists of modular building blocks that can be easily used and assembled to create software applications and work management tools and serves as a connective layer to integrate with various digital tools across an organization. The firm provides cloud-based platform that enables its users to create custom applications and project management software. The platform offers a Work Operating System (Work OS) that provides modular building blocks to create software applications and work management tools. This system is designed to enhance team collaboration and streamline workflows across various business functions, including project management, CRM, marketing, and more. The firm has teams in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Kiev, and Sydney. The firm customize its platform to suit any business vertical and serves customers worldwide.

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