US Stocks Edge Lower; Monday.Com Shares Tumble After Q2 Results

monday.com Ltd.
Airsculpt Technologies, Inc.
Socket Mobile, Inc.
JOWELL GLOBAL LTD.
Steakholder Foods Ltd. Sponsored ADR

monday.com Ltd.

MNDY

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Airsculpt Technologies, Inc.

AIRS

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Socket Mobile, Inc.

SCKT

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JOWELL GLOBAL LTD.

JWEL

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Steakholder Foods Ltd. Sponsored ADR

STKH

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U.S. stocks traded mostly lower this morning, with the Dow Jones index falling around 0.2% on Monday.

Following the market opening Monday, the Dow traded down 0.16% to 53,949.06 while the NASDAQ fell 0.07% to 26,672.55. The S&P 500 also fell, dropping, 0.09% to 7,750.93.

Leading and Lagging Sectors

Energy shares jumped by 1.9% on Monday.

In trading on Monday, real estate stocks fell by 0.9%.

Top Headline

Monday.Com Ltd (NASDAQ:MNDY) shares fell around 10% on Monday after the company reported second-quarter financial results and issued weak third-quarter sales guidance.

Monday.Com posted adjusted earnings of $1.48 per share, beating market estimates of $1.11 per share. The company’s sales came in at $364.621 million, versus expectations of $355.219 million.

Monday.Com said it sees third-quarter sales of $368.000 million-$370.000 million, versus market estimates of $372.734 million.

Equities Trading UP
         

  • Socket Mobile Inc (NASDAQ:SCKT) shares shot up 576% to $2.61 after the company announced a North America distribution agreement with 3Eye Technologies for the company’s Apple-based scanning solutions.
  • Shares of Jowell Global Ltd (NASDAQ:JWEL) got a boost, surging 145% to $3.80.
  • Steakholder Foods Ltd – ADR (NASDAQ:STKH) shares were also up, gaining 120% to $4.13. Steakholder Foods recently disclosed up to $10.5 million private placement.

Equities Trading DOWN

  • Sionna Therapeutics Inc (NASDAQ:SION) shares dropped 92% to $4.25 after the company reported topline data from the PreciSION CF Phase 2a proof-of-concept trial of SION-719 did not achieve key activity endpoint.
  • Shares of Tenax Therapeutics Inc (NASDAQ:TENX) were down 88% to $1.58 after the company announced its Phase 3 LEVEL clinical trial evaluating TNX-103 did not meet its primary or key secondary endpoints.
  • Airsculpt Technologies Inc (NASDAQ:AIRS) was down, falling 46% to $2.72 after the company reported worse-than-expected second-quarter sales results and narrowed its FY26 sales guidance below estimates.

Commodities

In commodity news, oil traded up 2% to $79.73 while gold traded down 0.2% at $4,390.70.

Silver traded up 1.1% to $64.190 on Monday, while copper rose 0.6% to $6.6280.

Euro zone

European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.1%, while Spain’s IBEX 35 Index gained 0.2% London’s FTSE 100 fell 0.4%, Germany’s DAX gained 0.2%, while France’s CAC 40 climbed 0.1%.

Asia Pacific Markets

Asian markets closed higher on Monday, with Japan’s Nikkei 225 gaining 2.08%, Hong Kong’s Hang Seng index gaining 1.05%, China’s Shanghai Composite rising 0.67% and India’s BSE Sensex rising 0.1%.

Economics

No major economic reports are scheduled for release today.

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