Veytics Intelligence
2026-09-28 · Yahoo

MongoDB stock drops 15% as CEO Desai resigns for Meta

Investing.com -- Wall Street got a massive shock on Monday as MongoDB shares plunged 15% following the abrupt resignation of President and CEO Chirantan "CJ" Desai. Effective immediately, Desai is leaving the database giant to spearhead a massive new AI initiative at Meta Platforms. Still guessing which names to buy? Our AI rebuilds its stock picks at the start of every month. The list is beating the market by 120%. See what's on it » The high-profile poaching comes as Meta capitalizes on the wildly successful consumer rollout of "Muse," its autonomous, web-navigating AI agent. Now, Meta is turning its sights on the B2B market—and they've tapped Desai to lead the charge.

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