monday.com Q3: Good Results, So Why The Stock Plunge?

Core Insights - monday.com Ltd. (MNDY) released its Q3 earnings results before the market opened, leading to a significant decline in its stock price immediately after the announcement [1]. Financial Performance - The stock experienced a sharp drop, with reports indicating it was down at one point following the earnings release [1]. Market Reaction - The immediate market reaction to the earnings report was negative, suggesting investor disappointment or concern regarding the company's performance [1].