Why MongoDB Stock Lost 34% in March
Shares of MongoDB (NASDAQ: MDB) took a dive last month as the maker of NoSQL database software gave disappointing guidance for 2025 and got caught up in the broad market sell-off on fears around waning consumer confidence and the trade war.According to data from S&P Global Market Intelligence, the stock finished the month down 34%. As you can see from the chart, the stock tumbled on the earnings report and stayed down from there, slumping toward the end of the month.Continue reading
Shares of MongoDB (NASDAQ: MDB) took a dive last month as the maker of NoSQL database software gave disappointing guidance for 2025 and got caught up in the broad market sell-off on fears around waning consumer confidence and the trade war.
According to data from S&P Global Market Intelligence, the stock finished the month down 34%. As you can see from the chart, the stock tumbled on the earnings report and stayed down from there, slumping toward the end of the month.
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