MDB INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that MongoDB, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
Class Definition The complaint alleges that on March 7, 2024, MongoDB reported strong Q4 2024 results and then announced lower-than-expected full-year guidance for 2025. The Complaint adds that the Company attributed this to a 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 dropped 383.42. Then, on May 30, 2024, MongoDB further lowered its guidance ...