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 31, 2024 | 11:47 am
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NEGATIVE IMPACT
MongoDB shares are trading lower due to weak Q2 and FY25 guidance issued by the company.
The weak guidance for Q2 and FY25 suggests that MongoDB may face challenges in the near term, leading to a negative market reaction and a drop in share price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100