MongoDB stock fell 18% to $335.22 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 $721.57. MongoDB said that Chirantan Desai had stepped down as president and CEO effective immediately to “pursue a senior role” at Meta Platforms MongoDB added it has initiated a search process to identify the next permanent CEO. Continue Reading
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