🟢 Monday.com is trading 4.2% up in pre-market today after rebounding from August 6 software selloff

Monday.com is trading 4.2% up now at $91.25 after rebounding from the August 6 software-sector selloff.

• Disappointing outlooks from Datadog, AppLovin, and HubSpot pressured application-software stocks, raising concerns about slowing growth and uncertain AI monetization.
• No fresh company-specific announcement was identified overnight; the gain appears to reflect dip-buying after the sharp decline.
• Investors are positioning ahead of Monday.com’s quarterly report expected August 10.