MongoDB Stock Tanks 23% After Weak Guidance
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MongoDB Inc's stock plummeted by 23.5% following the release of weaker-than-expected guidance for fiscal 2026.
March 06, 2025 | 3:15 pm
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MongoDB Inc's stock fell sharply by 23.5% due to disappointing guidance for fiscal 2026, indicating potential challenges ahead.
The significant drop in MongoDB's stock price is directly linked to the company's weaker-than-expected guidance for fiscal 2026. This suggests that investors are concerned about the company's future performance and growth prospects, leading to a sell-off.
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