
MongoDB's stock plummeted by 25% after the company provided a lower guidance for the fiscal year, signaling a significant profit shortfall compared to estimates. Several analysts have revised their ratings downward for MongoDB, with price targets being cut by various firms. The company's revenue and earnings projections for the second quarter and full year are well below analysts' expectations, indicating a substantial decline in value.
MongoDB loses nearly a quarter of its value after adjustsing revenue forecasts https://t.co/1fjw0raNob
MongoDB stock slid after the database software maker warned that its second-quarter and full-year revenue and earnings would come in well below analysts’ estimates. https://t.co/kkVZ87eoFK
$MDB (-23.5% pre) MongoDB shares sink 23% after management trims guidance - CNBC https://t.co/8oO3GYrFox


