I see people bailed on mndy even before earnings came out today. I have to think the painful price decline in mndy since last fall played a role in hurting conviction for the stock, despite positives in reported business performance before today.
Suppose mndy stock price held up better before earnings, would people have been as quick to bail out over last 2 months?
It’s tough to separate stock price performance from business performance. And then valuation might be even a more difficult task.