MongoDB (MDB) Stock Decline

MongoDB Inc. (NASDAQ: MDB) stock dropped suddenly on January 11, 2025, to close at $185.83, losing a bit more than 3.18% from the last close. The drop followed the company posting its Q4 2024 results, where, as much as they were in revenues, the company posted conservative FY 2026 guidance. Investors caught the conservatism from the company and shorted it. The million-dollar question in everybody’s mind was whether MongoDB would keep increasing on its trajectory despite increasing competition in the database arena.