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MongoDB Trading Volume Drops 33.83% to $496 Million Ranking 181st
Generated by AI AgentAinvest Volume Radar
Monday, Jun 9, 2025 8:21 pm ET1min read
On June 9, 2025, MongoDB's trading volume reached $496 million, marking a 33.83% decrease from the previous day. The stock ranked 181st in terms of trading volume for the day.
(MDB) experienced a 1.32% decline, marking its second consecutive day of losses, with a total decrease of 3.62% over the past two days.On June 5, MongoDB's CEO, Dev Ittycheria, sold 25,005 shares of the company's stock. This transaction occurred amidst a period of significant market activity for MongoDB.
On June 4, MongoDB reported its first-quarter results, which exceeded market expectations. The company reported adjusted earnings of $1.00 per share and revenue of $549 million. This strong performance led to an increase in the company's full-year guidance and expanded market opportunities.
MongoDB's Chief Revenue Officer recently announced plans to sell stock, following a similar move by the company's President, who sold $6.0 million worth of stock in April. These transactions come as the company faces ongoing demand headwinds.
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