Monday.com is trading at $90.10, up 4.83% after softer-than-expected July PPI data boosted risk appetite and lifted technology stocks; broader market strength is the most likely immediate driver, with no new company-specific announcement or analyst action clearly explaining the August 13 rebound.
- S&P 500 and Nasdaq Composite are rising 0.63% and 0.82%.
- July PPI was flat monthly, supporting expectations for steady Fed policy.
- August 10 earnings showed strong revenue and AI momentum, but cautious Q3 revenue guidance of $368–$370 million trailed consensus.