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MongoDB’s stock tanks on lower guidance
May 31, 2024, 2:02 a.m. | Mike Wheatley
Big Data – SiliconANGLE siliconangle.com
A disappointing forecast for the coming quarter and full year sent database company MongoDB Inc. headlong into a tailspin today, as the value of its stock dropped like a lead balloon in after-hours trading today. The company’s dismal guidance is the latest in a string of subpar financial forecasts from enterprise software vendors. Investors had feared […]
The post MongoDB’s stock tanks on lower guidance appeared first on SiliconANGLE.
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