🔴 Monday.com is trading 4.1% down in pre-market amid software-sector pressure

Monday.com is trading at $93.81, down 4.10% in pre-market, as software-sector pressure may be weighing; no company-specific catalyst is confirmed.

• Monday.com’s October 28 after-hours decline followed its Elevate investor Q&A on new AI initiatives and pricing plans, but the available report does not establish these announcements as the cause.
• ServiceNow’s post-earnings plunge revived AI-disruption concerns, while Nasdaq futures are down 1.29%.
• Third-quarter results are scheduled for November 9.