NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased securities of MongoDB, Inc. ("MongoDB" or the "Company") (NASDAQ: MDB) between August 31, 2023 and May 30, 2024, inclusive (the "Class Period"). Investors who purchased or otherwise acquired shares of MongoDB should contact the Firm prior to the Septem ...

ATLANTA, July 10, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against officers of MongoDB, Inc. ("MongoDB" or the "Company") (NASDAQ: MDB). The lawsuit alleges that Defendants misled investors by providing the public with materially flawed statements of confidence and growth projections. Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwid ...

MongoDB (MDB) , a popular database software company, has seen its stock price plummet 36.2% over the past six months, underperforming the Zacks Computer and Technology sector's rise of 29.7%, leaving investors to consider whether to hold onto their shares or cut their losses. The significant downturn has sparked debates among market analysts and shareholders alike as they attempt to decipher the underlying causes and potential future trajectory of the company's stock. The sharp decline in MongoDB's stock pr ...

ADDISON, Texas, July 08, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC, (NASDAQ: MDBH) ("MDB"), a public venture platform focused on launching category-leading deep technology companies, today announced a collaboration through a patent and know-how agreement with Mayo Clinic to develop a small molecule anti-senescence platform. This collaboration aims to advance research in longevity and age-related disease prevention. Studies conducted at Mayo Clinic have shown the potential of the licensed molecule t ...

MDB $244.15 52-Week Range $214.74 $509.62 Add to Watchlist MongoDB MarketRank™ Stock Analysis MongoDB Today MongoDB +3.63 (+1.51%) Get MongoDB alerts: The analysts remain steady in their support for MongoDB despite the weaker-than-expected outlook. The news resulted in some price target reductions, but the takeaway is that this stock is a Moderate Buy with a 45% upside. The consensus is down from a peak set in the first half but still up compared to last year, and the stock is trading below the lowest targe ...

With the addition of Torpey, the MDB Capital Board now comprises eight members. Torpey brings over 24 years of experience at Ernst & Young LLP (EY), where he currently serves as an Assurance Partner in the Forensic & Integrity Services practice. His expertise spans accounting, auditing, compliance, financial reporting, fraud detection, and corporate investigations. Leveraging Decades of Experience Torpey, who will retire from EY in June 2024, expressed his enthusiasm for joining MDB Capital's entrepreneuria ...

Reduced the development time required to migrate a core banking application off of a legacy relational database to MongoDB Atlas by up to 90%. Migrated onto MongoDB Atlas at one-tenth of the cost of a traditional legacy-to-cloud migration. Automated repetitive developer tasks with new AI tooling in order to accelerate developers' pace of innovation. For example, AI-powered automations reduced time spent running application test cases from over 80 hours to just five minutes. The bank chose MongoDB Atlas as t ...

If the 25% drop after their Q1 earnings didn't tell you enough, the further 6% that MongoDB Inc NASDAQ: MDB has slid should. At a time when many of the bigger tech companies out there are back trading near, if not at, all-time highs, this was not good. MongoDB Today MDB MongoDB $230.30 +0.42 (+0.18%) 52-Week Range $222.78 ▼ $509.62 Price Target $364.11 Add to Watchlist Investors would already have been feeling the pinch since MongoDB shares began slipping in early February, as their multi-month rally came t ...

These three cloud software growth stocks are each down 60% or more from their all-time highs. Here's what's driving declines in these once-market darling growth stocks and whether they are worth buying now. MongoDB has built an impressive database platform MongoDB has made a name for itself by being a flexible open-source NoSQL database management platform. NoSQL allows developers to store data in a format other than relational tables, which means less structure. According to MongoDB, its tool features flex ...

MongoDB, Inc. (NASDAQ:MDB) 44th Annual William Blair Growth Stock Conference June 5, 2024 5:40 PM ET Company Participants Michael Gordon - CFO & COO Serge Tanjga - SVP Finance Conference Call Participants Jason Ader - William Blair Jason Ader With that said, I'm Jason Ader with William Blair. Very pleased to have Michael Gordon, COO and CFO of MongoDB; and Serge Tanjga, SVP of Finance. Regulars at this conference now. I appreciate it. Michael Gordon Yes. Great to be here. Thanks for having us. Jason Ader Be ...