MongoDB shares plummet 27% on weak growth in cloud business, muted forecast
MongoDBMongoDB(US:MDB) Reuters·2026-03-03 16:45

MongoDB shares plummet 27% on weak growth in cloud business, muted forecast | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]March 3 (Reuters) - MongoDB's [(MDB.O), opens new tab] shares plunged 27% to a six-month low on Tuesday after the software firm forecast first-quarter profit below estimates and disappointed investors with slower quarterly revenue growth for its cloud database product Atlas.Revenue in the Atlas business, seen ...

MongoDB shares plummet 27% on weak growth in cloud business, muted forecast - Reportify