Why Is MongoDB Stock Sinking Wednesday?
MDB shares sink 13% premarket: Slowing Q3 guidance and flat Atlas growth overshadow MongoDB's Q2 earnings beat.
MongoDB made more money than expected this quarter, but told investors its next quarter won't be as strong, and its popular cloud product isn't growing fast. When a company's future looks slower, people worry and sell the stock.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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