The workflow-automation firm’s stock rebounded sharply after announcing a 20% workforce cut to boost margins in Q2 2026.
Monday.com (NASDAQ: MNDY) shares climbed 20.4% in July 2026, driven by a late-month rebound following a corporate restructuring. The stock initially rose 20% in early July amid a broader rotation into enterprise software before dropping 25% after IBM’s weak earnings report raised sector concerns.
The rebound began as major tech firms reported strong software results, easing fears of a slowdown. Monday.com’s July 22 announcement of a 20% workforce reduction to improve margins further fueled the rally, offsetting earlier losses.
The stock’s volatile month reflected shifting investor sentiment toward growth stocks, with Monday.com’s restructuring seen as a positive long-term catalyst.