Monday.com Rises 1.86% on $240M Volume Ranks 392nd in Turbulent Market Activity

On August 18, 2025, monday.com (MNDY) closed with a 1.86% gain, trading at a volume of $0.24 billion, ranking 392nd in market activity for the day. The stock’s performance followed a mixed session driven by shifting investor sentiment toward cloud-based project management platforms amid broader market volatility.

Analysts noted that the uptick in monday’s volume reflected renewed interest in SaaS stocks with scalable business models, though macroeconomic concerns limited further gains. Institutional buying activity in midday trading temporarily buoyed momentum, while short-term traders capitalized on intraday swings. The stock’s ability to outperform its sector average underscored its resilience in a fragmented market environment.

The backtested strategy of selecting the top 500 stocks by daily trading volume and holding for one day from 2022 to the present showed a compound annual growth rate of 6.98%. However, the approach experienced a 15.46% maximum drawdown during the backtest period, with the most significant decline occurring in mid-2023. This highlights the inherent risks of high-volume trading strategies, particularly during periods of heightened market stress.