Monday.com (MNDY) Recovers and Sets Up for Breakout
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#bc9f7cf9 ver:0.19
Stocks on Wall Street continued to climb on Monday, 3/18/2024, with the S&P 500 and Dow Jones Industrial Average on track to set all-time highs for a third consecutive day. Approximately 75% of stocks in the S&P 500 saw gains. Chipmakers Micron and Broadcom led the way after reporting strong results and benefiting from the growing interest in artificial intelligence. Micron surged 14.1% after reporting stronger-than-expected results for its latest quarter and giving a forecast for profit in the current quarter that topped analysts' estimates. Chipmaker Broadcom climbed 5.6% after holding an investor presentation on its opportunities in AI. Meanwhile, Reddit made its debut as a publicly traded stock and surged by 35.9%. Reddit climbed 48.4% in its debut as a publicly traded stock. However, ...
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