MongoDB late Monday posted earnings well above expectations for its fiscal third quarter, helped by a 22% jump in revenue. But MongoDB stock sold off Tuesday, as investors dug into the results against ...
MongoDB crushed analyst expectations in last night's third-quarter report, but the stock is plunging anyway. Here's why.
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Shares of MongoDB climbed after the company raised its outlook for the year to beat both Wall Street and management expectations. The stock was up 9.5% to $383.29 in post-market trading on Monday.
MongoDB also said that it promoted its chief revenue officer, Cedric Pech, to the position of president of field operations. He will be responsible for managing the company's ecosystem functions, ...