These 2 Stocks Are Making Big Monday Moves
Investors had the weekend to think about the big stock market rally that they've watched over the past couple of weeks, and in general, the mood coming into the new week was still relatively good. stock indexes generally eased lower, but not by a huge amount, and sentiment among market participants still seems strong.
That didn't prevent a couple of stocks from having some larger moves. Monday.com (NASDAQ: MNDY) lived up to its name by releasing its latest financial results Monday morning, and shareholders generally liked what they saw. Unfortunately, you can't say the same thing about biotech stock Verve Therapeutics (NASDAQ: VERV), which disappointed its investors with some downbeat news.
Shares of Monday.com were up 11% early in the session. The work operating system software provider reported third-quarter financial results that confirmed that it remains on a healthy growth trajectory.
Source Fool.com
