|Bid||228.00 x 800|
|Ask||241.00 x 1200|
|Day's Range||218.16 - 237.00|
|52 Week Range||189.91 - 237.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
NEW YORK & TEL AVIV, Israel, Jun 14, 2021--monday.com Ltd. ("monday.com") today announced the closing of its initial public offering of 3,700,000 ordinary shares at a price of $155.00 per ordinary share. In addition, the underwriters exercised their option to purchase an additional 370,000 ordinary shares at the initial public offering price. The exercise of the underwriters’ option closed concurrently. monday.com’s shares began trading on the Nasdaq Global Select Market on Thursday, June 10, 20
Shares began trading at 12:25 p.m. EDT today, opening at $173.15, 12% above its offering price. Monday.com provides no-code, cloud-based tools and virtual building blocks that help businesses create their own software apps and work management tools. The company attracted a couple of high-profile backers going into its public debut, namely the investing arm of salesforce.com (NYSE: CRM) and Zoom Video Communications (NASDAQ: ZM).
Workplace management software company Monday.com raised $574 million with an initial public offering that came in above expectations.