Monday.com Shares Tumble 21% Despite Higher Q4 Profit

monday.com Ltd. (MNDY) shares plunged 20.54 percent, or $20.13, to $77.87 on Monday after the company released its latest financial results. The sharp selloff came despite the software firm reporting stronger profitability for both the fourth quarter and full year.The stock is trading at $77.87, down from a previous close of $98.00. Shares opened at $77.30 and have traded between $73.12 and $80.90 during the session on the Nasdaq. The last bid was $57.75 for 200 shares, while the ask stood at $93.69 for 20 ...