Why Monday.com Stock Soared on Monday Morning

Shares of Monday.com (MNDY 30.61%) surged higher on Monday morning, lifted by a strong earnings report. As of 10:40 a.m ET, the stock had gained 35.2% from last Friday's closing price.Monday.com's Q4 by the numbersMonday.com's fourth-quarter revenues rose 32% year over year to $268 million. On the bottom line, adjusted earnings per diluted share jumped from $0.65 to $1.08. Adjusted operating margins widened from 10% to 15%. The Street's consensus estimates had pointed to earnings near $0.79 per share on rev ...