RingCentral, Monday.com, Semrush, AppLovin, and Angi Stocks Trade Down, What You Need To Know
This move is far more than a typical trade dispute; it targets the United States' largest and most deeply integrated trading partner. Canada is not merely a neighbor but a critical component of North American supply chains, particularly in sectors like automotive, energy, and critical minerals. This move has sparked concerns about potential retaliatory actions and a wider impact on the North American economy, leading to a risk-off sentiment among investors. The S&P 500, Dow Jones Industrial Average, and Nasdaq all opened lower, pulling back from recent record highs and heading for their first weekly loss in three weeks.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.
Among others, the following stocks were impacted:
Video Conferencing company RingCentral (NYSE:RNG) fell 4.5%. Is now the time to buy RingCentral? Access our full analysis report here, it's free.
Project Management Software company Monday.com (NASDAQ:MNDY) fell 5.4%. Is now the time to buy Monday.com? Access our full analysis report here, it's free.
Listing Management Software company Semrush (NYSE:SEMR) fell 4.7%. Is now the time to buy Semrush? Access our full analysis report here, it's free.
Advertising Software company AppLovin (NASDAQ:APP) fell 3.1%. Is now the time to buy AppLovin? Access our full analysis report here, it's free.
Gig Economy company Angi (NASDAQ:ANGI) fell 4%. Is now the time to buy Angi? Access our full analysis report here, it's free.
Monday.com's shares are very volatile and have had 29 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
Monday.com is up 23.2% since the beginning of the year, but at $284.61 per share, it is still trading 13.2% below its 52-week high of $327.92 from February 2025. Investors who bought $1,000 worth of Monday.com's shares at the IPO in June 2021 would now be looking at an investment worth $1,591.
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
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Nearly 1 in 3 Americans Have Cut This Expense in 2025 — What Are the Risks?
When money gets tight, Americans are often forced to cut expenses to save money. It can be especially tempting to cut or downgrade insurance coverage, since it doesn't deliver any immediate or tangible rewards (apart from peace of mind). In fact, insurance is one purchase you make hoping that you never need it. However, canceling or downgrading insurance coverage can leave you exposed to added costs and extra stress during an emergency. A new survey from Guardian Service found 29% of Americans downgraded or cut insurance coverage in the past year to cope with rising costs. Of those, 15% downgraded or canceled car insurance, while 8% cut health insurance and 5% downgraded homeowners coverage. Read Next: Find Out: Each of these decisions has inherent risks. '[Cutting insurance] increases financial exposure when every dollar matters,' said Kara Credle, a licensed insurance agent at Guardian Service. Experts in each industry agreed that there are better ways to save. Car Insurance While car insurance is mandated in every state except New Hampshire, there are different levels of coverage you can choose. Most states require drivers to carry liability insurance. No-fault states, and a few at-fault states, also require personal injury protection, according to Progressive. If you have a car loan or lease, your lender will often require that you carry collision coverage to protect their financial investment. Credle pointed out that 8% of Americans went from full coverage to only the required coverage last year, often once their car loans were paid off. 'It's a risky trade-off,' she said. 'Cutting components … can save money now, but it might mean footing the full bill later if an accident happens.' Before reducing your coverage, shop around for cheaper rates. You may not even need to switch insurers to get a better deal or more flexible payment terms. 'Talk to your provider,' Credle said. 'Many insurers offer flexible plans or discounts.' Check Out: Health Insurance Neal Shah, chairman of Counterforce Health, an AI-powered startup that helps people fight denied health insurance claims, likened downgrading health insurance, specifically, to removing your seatbelt in a car. 'You could get in a crash,' he said. 'The risks really outweigh the long-term savings.' In his book 'Insured to Death: How Health Insurance Screws Over Americans — And How We Take It Back,' he wrote that roughly 60% of medical-related bankruptcies involve people who did have health insurance when they got sick. 'Reducing coverage makes you even more vulnerable,' he said. He suggested using tactics like a health savings account (HSA) and direct primary care (DPC) to reduce your overall costs. With a DPC program, patients pay a monthly or annual fee to the provider and the subscription fee covers preventive care, unlimited visits, vaccines and other elements of basic healthcare. Patients would still need insurance to cover costs like testing or specialized care. 'Direct Primary Care is underutilized and gaining momentum,' Shah said. '[It] eliminates a lot of hassle for routine care.' Homeowners Insurance Like car insurance, homeowners insurance is typically required by your lender if you have a mortgage. But some types of home insurance, like flood or wildfire coverage, is often optional. 'Using historical data and trend, you can tailor coverage to your unique situation,' said Robb Lanham, chief sales officer for HUB Private Client. You can take that savings and use it to make your home more resilient against the greatest perils. But this comes with risks, as weather patterns are changing. 'As we are seeing, the weather is not predictable. You can't always outsmart the unpredictable and if you guess wrong, it could cause financial disaster,' Lanham said. 'The probabilities of something occurring are very seldom never.' Sharing data from United Policyholders, CBS News reported that nearly two-thirds of fire victims were uninsured or under-insured. 'In some cases, [homeowners] had to put retirement on hold because those funds were needed to rebuild,' Lanham said. 'Others had to move because they could no longer afford the increased cost of rebuilding and sold their property at discounted prices. In most cases, the financial burden was enough to cause major life and lifestyle changes.' If you can afford to take the financial risk, Lanham said you can increase your deductible or even consider a cost-sharing plan to save money. '[That] means the client pays half of the claim and the insurance company pays half,' he explained. 'But this could be substantial if there was a major loss.' A better step, he said, is 'strategic mitigation planning,' a process where you make your home and lifestyle more resilient to loss and, as a result, you may also receive insurance discounts. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years This article originally appeared on Nearly 1 in 3 Americans Have Cut This Expense in 2025 — What Are the Risks? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
