Monday.com Falls, United Airlines Drops, Treehouse Rises After Investindustrial Deal
On this episode of Stock Movers:
- Monday.com (MNDY) shares fall after the software company narrowed its full-year revenue forecast. It also reported its third-quarter results.
- United Airlines (UAL) shares drop as US airlines canceled at least 1,432 flights as of 7:15 a.m. Eastern time Monday, and the number is “growing,” according to aviation analytics company Cirium.
- Treehouse (THS) shares rise after European buyout firm Investindustrial agreed to buy TreeHouse Foods Inc., the private-label food manufacturer, for $2.9 billion including debt.
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