Monday.com shares rose 20.4% in July 2026, driven by a late-month restructuring announcement. The stock initially gained 20% through July 13 amid a market rotation into enterprise software, then fell 25% after IBM's weak preliminary earnings raised sector concerns. A rebound began as strong software results from Magnificent 7 companies eased fears, and Monday.com accelerated its recovery by disclosing a 20% workforce reduction in an SEC filing on July 22, which investors viewed as margin-widening. The company later reported second-quarter results on August 10 that beat estimates, though the stock opened 11% lower that day.
Monday.Com LtdRestructuring announcement with 20% workforce reduction viewed as margin-widening, driving stock surge.
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