MDB INVESTOR NOTICE: MongoDB, Inc. (Nasdaq:MDB) Shareholders that Incurred Losses are Urged to Contact BFA Law about Upcoming Legal Deadline

On March 7, 2024, the Company allegedly announced that due to the sales restructuring, it experienced an annual decrease of approximately $40 million in multiyear license revenue, anticipated near zero revenue from unused Atlas commitments (one of its core offerings) in fiscal year 2025, and provided a disappointing revenue growth forecast that trailed that of the prior year. This news caused the price of MongoDB stock to decline $28.59 per share, or about 7%, from $412.01 per share on March 7, 2024, to $38 ...