Work management software stocks, led by Atlassian, jump 4-6% amid sector rebound despite Monday.com downgrade.

Shares of work management software companies Atlassian, HubSpot, and Monday.com rose between 4% and 6% as the sector experienced a rebound after recent declines. Atlassian led the gains with a 6% rise, supported by new AI-driven tools for engineering teams that investors find promising. However, Monday.com faces challenges highlighted by a JPMorgan downgrade citing slower customer growth and longer sales cycles. The sector's rally may be temporary, with investors watching if these gains hold or reverse amid broader market shifts.

Atlassian shares are trading at USD 189.99 with a 5.97% increase on Pluang as of Oct 02, 2026 00:51 WIB, closely matching the reported 6% rise. HubSpot is also up by 5.54% at USD 216.25, showing strong buying interest with 98% buy orders on Pluang. Despite the sector's rebound, Atlassian's order activity on Pluang is currently 100% sell, indicating mixed investor sentiment.