Earnings Update: Monday.com Plummets While AMC Surges as Q2 Results Roll In

Reported about 11 hours ago

As the Q2 earnings season draws to a close, many companies have reported positive outcomes, with analysts predicting an 11.8% increase in earnings per share for S&P 500 firms. Notable developments included AMC's stock rising 8.8% due to a surge in theater attendance, while Monday.com's share price dropped 20% following a disappointing earnings report that missed profit expectations despite a revenue beat. Other companies reporting include Micron, which saw its stock rise after raising its revenue forecast, and C3.ai, which faced a steep drop due to a sales miss attributed to the CEO's health issues.

Source: YAHOO

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