MNDY UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds monday.com (MNDY) Investors of Securities Class Action Deadline on May 11, 2026
monday.commonday.com(US:MNDY) TMX Newsfile·2026-03-14 11:22

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against monday.com Ltd. due to allegations of violations of federal securities laws, particularly regarding misleading statements about the company's revenue growth and performance [2][4]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses in monday.com to contact them directly to discuss their legal options [1]. - A federal securities class action has been filed against monday.com, with a deadline of May 11, 2026, for investors to seek the role of lead plaintiff [2][7]. - The lead plaintiff is defined as the investor with the largest financial interest who directs the litigation on behalf of the class [7]. Group 2: Financial Performance and Company Outlook - On February 9, 2026, monday.com disclosed challenges in its 2026 guidance, including weakness in its performance marketing channel and a foreign exchange drag due to the appreciation of the Israeli shekel [5]. - The company is increasing investments in AI products, which are expected to reduce near-term profitability, with gross margins projected to decline from 90% to the mid-to-high 80s in FY2026 [5]. - R&D spending rose from 17% to 19% of revenue in FY2025, with management forecasting mid-teens percentage headcount growth in FY2026, primarily in sales and R&D [5]. Group 3: Market Reaction - Following the earnings call on February 9, 2026, monday.com's stock price fell by $20.37, or 20.78%, closing at $77.63 per share [6].

MNDY UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds monday.com (MNDY) Investors of Securities Class Action Deadline on May 11, 2026 - Reportify