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MDB News9 articles
MongoDB Shares Tumble on Weak Outlook, Analysts Cut Targets
MongoDB shares fell sharply following a quarterly report that beat earnings but offered a weaker-than-expected forecast, prompting several analyst target cuts.
Oil Spike, Rate Fears Drive Sharp Selloff; Target Gains on Earnings
Major U.S. equity indices fell sharply Tuesday, pressured by a surge in oil prices and rising Treasury yields that dampened expectations for near-term Federal Reserve rate cuts. Retailer Target posted gains following its quarterly report.
MongoDB Plunges on Soft Guidance and Sales Leadership Overhaul
MongoDB shares tumbled over 21% following a cautious first-quarter outlook and management shifts in its sales organization. Analyst firm Baird downgraded the stock, citing concerns over Atlas growth.
MongoDB Shares Tumble on Weak Guidance Despite Q4 Beat
MongoDB shares plummeted more than 27% in premarket action Tuesday as the company's first-quarter outlook fell short of Wall Street expectations, despite posting a beat for its fiscal fourth quarter.
MongoDB Shares Plunge on Weak Guidance Despite Q4 Beat
MongoDB shares plummeted more than 27% in premarket action Tuesday as the company's first-quarter outlook fell short of expectations, overshadowing a fourth-quarter earnings beat. The database software firm also announced the impending departure of its president of field operations.
MongoDB Shares Tumble on Disappointing Forecast and Executive Shuffle
MongoDB shares dropped over 20% in extended trading following a fiscal 2027 outlook that missed Wall Street targets and a reorganization of its sales leadership team.
MongoDB Shares Tumble on Disappointing Forecast and Executive Shakeup
MongoDB shares fell sharply following a weaker-than-expected outlook and changes to its sales leadership, despite posting strong quarterly results.
Cloud ETFs Gain on Softer Inflation Data Ahead of Holiday
Cloud-focused exchange-traded funds advanced roughly 2.6% on Friday, led by the First Trust Cloud Computing ETF (SKYY), following softer U.S. inflation figures and a dip in Treasury yields. Trading resumes Tuesday after the Presidents Day holiday.
MongoDB Shares Surge on Analyst Optimism Ahead of Earnings
MongoDB stock gained over 6% as Morgan Stanley and Goldman Sachs expressed confidence in cloud demand, easing AI disruption concerns ahead of the company's March earnings report.