US Stock Market Move | Announcement of major personnel changes, MongoDB (MDB.US) increase over 2.5%

date
23:08 03/11/2025
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GMT Eight
As of the time of writing, the stock has risen by over 2.5%, reaching $369.3.
Before the market opened, MongoDB (MDB.US) surged more than 9%. After the opening, the stock's gains narrowed, and as of the time of writing, the stock was up over 2.5%, trading at $369.3. On the news front, the company announced a significant change in management, with former ServiceNow (NOW.US) executive CJ Desai replacing Dev Ittycheria as president and CEO, as well as raising its guidance for the third quarter of its 2026 fiscal year, expecting revenue and profits to exceed previous expectations.