Tag: $MongoDB

MongoDB Shares Swoon as Guidance Disappoints

MongoDB shares are trading sharply lower in late trading Thursday after the company provided disappointing guidance for the July quarter and the January 2025 fiscal year, the latest in a series of disappointing financial reports from the enterprise software sector.

MongoDB shares jump more than 20% after database company beats expectations and raises guidance

Shares of MongoDB rose as much as 22% in extended trading Thursday after the database software maker issued blowout fiscal first-quarter earnings and lifted its full-year guidance.