Veytics Intelligence
2026-09-28 · Yahoo

MongoDB Stock Falls 16% as CEO Leaves for Meta

This article first appeared on GuruFocus. MongoDB (NASDAQ:MDB), the database software company, fell 16.43% in premarket after it said CEO Chirantan "CJ" Desai had stepped down, effective immediately, to take a senior role at Meta Platforms (NASDAQ:META). Desai will join Meta as chief enterprise platform officer, reporting directly to CEO Mark Zuckerberg, CNBC reported. Warning! GuruFocus has detected 2 Warning Sign with MDB. Is MDB fairly valued? Test your thesis with our free DCF calculator.MDB GF Value chart MongoDB's board named Dev Ittycheria interim president and CEO. Ittycheria ran the company from 2014 to 2025, a period in which annual revenue grew from about $35 million to more than $2.

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