Monday.com is trading at $87.53 (down 4.3%) in after-hours sessions as software and AI-related stocks face broader market pressure.
- The decline follows a weak regular session where the stock had already fallen 2.5%, tracking a general slip in the Nasdaq.
- Selling pressure appears driven by sector-wide profit-taking following significant moves in peers like AMD and SpaceX.
- There are no company-specific news or earnings announcements driving the move after the market close.