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home / articles / MDB - The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of MongoDB Inc.(MDB) Shareholders | Benzinga

MDB - The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of MongoDB Inc.(MDB) Shareholders | Benzinga

MongoDB Inc.

  • NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of MongoDB, Inc. (NASDAQ:MDB).

    Shareholders who purchased shares of MDB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

    CONTACT US HERE:

    https://securitiesclasslaw.com/securities/mongodb-inc-loss-submission-form/?id=90507&from=3

    CLASS PERIOD: August 31, 2023 to May 30, 2024

    ALLEGATIONS: According to the complaint, on March 7, 2024, MongoDB reported strong Q4 2024 results and then announced lower than expected full-year guidance for 2025. MongoDB attributed it to the Company's change in its "sales incentive structure" which led to a decrease in revenue related to "unused commitments and multi-year licensing deals." ...

    MDB) Shareholders>Full story available on Benzinga.com

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    Stock Information
    Company Name: MongoDB Inc.
    Stock Symbol: MDB
    Market: NASDAQ
    Website: mongodb.com
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