Monday.com Gains 10% in 6 Months: Buy, Sell or Hold the Stock?

Monday.com (MNDY) shares have gained 10.4% in the trailing six-month period compared with the Zacks Computer & Technology sector’s return of 14.3% and the Zacks Internet - Software industry’s rise of 30.3%.MNDY shares have also underperformed its industry peer, BILL Holdings (BILL) which has gained 80.7% over the trailing six-months.The underperformance can be attributed to macroeconomic pressure and stiff competition from tech giants like Asana (ASAN) and Atlassian (TEAM) . These companies are making stron ...