MongoDB Trading Volume Plummets 44.33% to $231 Million Ranking 353rd in Market

On May 23, 2025, MongoDB's trading volume reached $231 million, a significant decrease of 44.33% from the previous day, placing it at the 353rd position in the day's stock market rankings. MongoDB (MDB) shares fell by 1.45%.

Loop Capital has adjusted its rating for MongoDB, changing it from a "buy" to a "hold" and reducing the price target from $350.00 to $190.00. This downgrade reflects a shift in the firm's outlook on the company's future performance.

MongoDB, Inc. is a leading provider of a general-purpose database platform, offering products such as MongoDB Enterprise Advanced and MongoDB Atlas. The company is headquartered in New York and is dedicated to empowering innovators to create, transform, and disrupt industries through the power of software and data.