🔴 Monday.com is trading 8.42% down today after Q3 guidance implied slower growth

Monday.com is trading at $85.28 (-8.42%) as Q3 guidance implies slower growth despite Q2 revenue and AI momentum.

• Q2 revenue was $364.6 million, with strong AI-product momentum, but the outlook overshadowed the earnings beat.
• Management guided Q3 revenue to $368 million–$370 million, below $372.85 million consensus, implying 16%–17% growth versus 22% in Q2.
• Monday.com’s scheduled August 10 earnings release supports a company-specific catalyst; broader markets were only modestly weaker, making macro sentiment secondary.