MNDY · PEAD → 0

monday.com reported Q2 2026 EPS of $0.75 on 2026-08-10, beating the $0.34 consensus by $0.41 (+120.6%).

Print-day reaction was –4.8% versus the prior close, a counterintuitive sell-the-news drop despite the substantial EPS beat. The overnight gap to the T+1 open extended the loss by a further –2.4%, suggesting no immediate reversal of the initial selling pressure. Over the following two trading sessions the stock drifted +7.8%, clawing back the bulk of the post-earnings decline. Cumulative abnormal return of +0.6% versus SPY.US falls well inside the ±3% PEAD threshold, yielding a none verdict with zero conviction; no structured drift trade is indicated through the holding window ending 2026-11-05.