Monday.com Stock Sinks as Loss Expands
monday.com(MNDY) Investopedia·2024-11-11 15:31
Key TakeawaysMonday.com reported a significantly larger-than-expected operating loss, and negative operating margin also widened.The workforce management software provider posted a wider net loss than estimated.Monday.com announced Adi Dar was the new Chief Operating Officer and said current Chief Revenue Officer Yoni Osherov will be leaving at the end of the year. Monday.com (MNDY) shares plunged 18% Monday after the workforce management software maker's operating loss soared and its operating margin tumbl ...