Monday.com's Manic Price Pullback Is a Signal to Buy

Monday.com’s NASDAQ: MNDY guidance is tepid relative to the consensus outlook, but no reason to sell the stock and certainly no reason for the market to drop 10%. As tepid as the guidance may be, it is still a strong guide for the business, and it is likely to be cautious, given the trends. Some takeaways from the Q3 report are outperformance, scaling, expansion, and deepening penetration of clients - takeaways that add up to strengthening business leverage for the leading work management platform. The stoc ...