π Monday.com $MNDY sinks 10% mid-morning β guidance shock wipes out Q2 EPS beat
Monday.com posted Q2 EPS of $1.48 vs. a $1.11 estimate β a solid beat β but weak forward guidance sent shares tumbling 10% right off the open. Classic beat-and-lower reaction: the numbers looked good, the outlook did not. Growth software names have little room for error heading into CPI on Wednesday and PPI on Thursday. Not financial advice. Do you buy this dip or wait for the dust to settle post-CPI?
β‘ 26 buzzing
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