Monday.com Rescinds 2027 Revenue Target, Leading to Securities Fraud Lawsuit

Monday.com (MNDY) rescinded its projected $1.8 billion revenue target for fiscal year 2027, leading to a securities fraud lawsuit. The company's shares dropped by 21% following the announcement, and investors who purchased between September 2025 and February 2026 may seek compensation. The lawsuit claims the company overstated its growth trajectory.

By Levi & Korsinsky, LLP · PR Newswire · April 29, 2026, 13:00 UTC

Tickers: $MNDY

Topics: Corporate Performance Investor Lawsuit Revenue Guidance Stock Price Decline

Read the full article at PR Newswire

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