Monday.com (MNDY) Soars 7.9%: Is Further Upside Left in the Stock?
monday.com(MNDY) ZACKS·2024-12-23 14:26
Monday.com (MNDY) shares soared 7.9% in the last trading session to close at $242.49. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.7% loss over the past four weeks.Monday.com is benefiting as a versatile SaaS platform offering adaptable, low-code solutions, contrasting with rigid, less user-friendly legacy providers like Salesforce and ServiceNow. Despite its high valuation, monday.com shows strong growth metrics, including ...