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Monday.com (MNDY) stock price rose 20.4% in July 2026, primarily driven by company restructuring and market optimism regarding enterprise software investments.
Monday.com (NASDAQ: MNDY) stock rose 20.4% in July 2026, partly due to general market optimism for growth stocks and the company's aggressive corporate restructuring plan announced on July 22. The restructuring included a 20% workforce reduction aimed at expanding profit margins, which was met with positive investor response. However, on August 10, despite exceeding analyst expectations and reaffirming guidance in its Q2 2026 earnings report, the stock opened down 11% that day, erasing some of July's gains. Q2 revenue increased by 22% year-over-year.
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