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Stock impact report

MONGODB ALERT: Bragar Eagel & Squire, P.C. is Investigating MongoDB, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

MongoDB, Inc. - Class A (MDB) 
Last mongodb, inc. - class a earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.mongodb.com/investor-relations
Company Research Source: GlobeNewswire
NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against MongoDB, Inc. (NASDAQ: MDB) on behalf of long-term stockholders following a class action complaint that was filed against MongoDB on July 9, 2024 with a Class Period from August 31, 2023 to May 30, 2024. Our investigation concerns whether the board of directors of MongoDB have breached their fiduciary duties to the company. According to the complaint, on March 7, 2024, MongoDB reported strong Q4 2024 results and then announced lower than expected full-year guidance for 2025. MongoDB attributed it to the Company's change in its "sales incentive structure" which led to a decrease in revenue related to "unused commitments and multi-year licensing deals." Following this news, MongoDB's stock price fell by $28.59 per share to close at $383.42 per share. Later, on May 30, 2024, MongoDB further lowered its guidance for th Show less Read more
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