MNDY shares leaped 19% today. Here's why:

 monday.com Ltd. (MNDY) is trading 19% higher at $152.21 today. The stock is continuing to outpace peers in what has been a rather weak (-1.27%) several day in the Information Technology sector.  The stock is continuing a multi day rally on a strong earnings report where it beat analysts estimates for both earnings-per-share (EPS) and expected revenue. Other cloud service providers rallied on the news as well.

monday.com Ltd. has been trading between a 52-week high of $450 and a 52-week low of $85.75. The stock has a market cap of $6.84 Billion.

The monday.com Work OS is an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work. monday.com has teams in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Kiev and Sydney.