Why Monday.Com Stock Is Plunging Today

Why Monday.Com Stock Is Plunging Today
Stock photo of a clock on top of papers with chart info, next to a laptop computer. Nataliya Vaitkevich/Pexels
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Monday.Com Ltd. reported fourth-quarter FY21 revenue growth of 91 percent year-on-year to $95.5 million, beating the consensus of $87.8 million.

The net dollar retention rate was over 120 percent. The net dollar retention rate for customers with over ten users was over 135 percent.