Monday.com Surges 31% On Strong Q4 Results

(RTTNews) - Monday.com Ltd. (MNDY) stock surges 31.65 percent, following the announcement of increase in the fourth-quarter revenue results.

MNDY is currently trading at $339.98 up $81.74 on the Nasdaq. The company opened at $315.11 after a previous close of $258.24.

The stock has traded between $296.38 and $338.00 today, with a 52-week range of $174.75 to $338.00. Trading volume stands at 3.28 million shares, well above the average of 1.02 million.

The company reported revenue of $268 million, up from $203 million in the prior year. Consecutively net income rose to $23 million from $12 million. 339.98 +81.74 (+31.65%)