Conifer Management Acquires $38M Stake in monday.com Amid Significant Stock Decline
On May 14, 2026, Conifer Management disclosed acquiring 400,000 shares of monday.com (NASDAQ: MNDY) for an estimated $38.39 million during Q1 2026. The position's value dropped to $27.64 million by the end of March 2026 due to a significant stock price decline. Monday.com’s share price has fallen approximately 75% over the past year, underperforming broader market indices.
Tickers: $MNDY
Topics: 13F filing portfolio change stock_position