Monday.Com Ltd is trading at $80.77 (up 4.1%) as the stock rebounds alongside a strong, tech-led move higher in broader U.S. equities.
- The recovery follows recent pressure tied to the company's June 12 shift to a seats-plus-credits pricing model, which initially weighed on investor sentiment.
- Renewed buying interest in growth and AI-linked software names is helping shares recoup some of last week’s losses.
- A broader risk-on backdrop in the market is providing additional tailwinds for the software provider.