Veytics Intelligence
2026-09-28 · Yahoo

MongoDB Stock Sinks 20% as CEO Departs for Meta. ‘Real Shocker,’ Says Analyst.

MongoDB stock fell 20% to $327.62 on Monday and was on pace for its largest daily percentage decline since March 3, according to Dow Jones Market Data. Meta stock, meanwhile, fell 4% to $721.40. The company said that Chirantan Desai has stepped down as president and CEO effective immediately to “pursue a senior role” at Meta Platforms The Facebook parent said separately Monday that Desai will join Meta as chief enterprise platform officer. Continue Reading

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