MongoDB shares are trading lower after the company issued weak Q2 and FY25 guidance.
Portfolio Pulse from Benzinga Newsdesk
MongoDB shares are trading lower after the company issued weak Q2 and FY25 guidance.
May 30, 2024 | 8:13 pm
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NEGATIVE IMPACT
MongoDB shares are experiencing a decline due to the company's weak Q2 and FY25 guidance.
The weak guidance for Q2 and FY25 suggests that MongoDB may face challenges in meeting revenue and profit expectations, leading to a negative market reaction.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100