Monday.com Beats On Q2, Loses Some Analyst Love As Growth Slows
Shares of Monday.com edged lower after Q2 results. Cantor Fitzgerald downgrades rating, while DA Davidson and BTIG analysts remain bullish.
Monday.com made more money than expected this quarter, which is good, but their business is growing slower than before—so some experts got less excited about it. When a company grows slower, watch whether customers stay happy and whether they can speed up growth again.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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