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Monday Stock Falls As Software Maker’s Guidance Trumps Earnings Beat

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Monday.com (MNDY) on Monday reported second-quarter earnings and revenue that topped estimates. Monday stock fell sharply as the software maker’s revenue guidance missed targets. Monday.com reported earnings before the market open. For the quarter ending June 30, the maker of project management software reported a profit of $1.48 a share on an adjusted basis, up 36% from a year earlier.…

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