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via finance.yahoo.comBusiness & Companies

Can MongoDB hold its guidance after losing its chief executive?

FROM THE WIRE · FINANCE.YAHOO.COM

MongoDB, Inc. (NASDAQ:MDB) closed at $348.69 on October 19. The stock returned 32% over the last 6 months, compared with an 11.6% return for the Insider Monkey Billionaire Index and 8.7% for the State Street SPDR S&P 500 ETF Trust. MongoDB lost its chief executive on September…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe loss of the CEO with guidance reaffirmed is relevant for the stock and database software expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01CEO Chirantan Desai left MongoDB on September 28 to join Meta.
  2. 02The shares fell about 15% that day.
  3. 03Revenue guidance for the fiscal year is $2.99-$3.03 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
MongoDB, Inc.MDBStock358.18 USD+0.06%today +2.72%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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