MongoDB, Inc. (NASDAQ:MDB) stock rose nearly 2% in Tuesday’s premarket trading after plunging 18.46% on Monday following a sudden leadership change.MongoDB said CEO Chirantan Desai stepped down, effective immediately,

A surprise CEO departure sent MongoDB tumbling 25% in a month while its database rivals barely flinched, and now one major Wall Street bank sees a setup that could reward patient investors.

In a rather shocking move, MongoDB's CEO left the company to head Meta's new enterprise platform.

MongoDB stock fell 18% on Monday, September 28, after CEO CJ Desai left for Meta. Street Unmoved: Analysts hold 24 buys, 8 outperforms, 9 holds, and 1 underperform, and their $454 mean target sits 36% above Monday’s $335 close.

MongoDB (MDB) stock plummeted 26% after CEO CJ Desai abruptly resigned to join Meta. Discover why Wall Street is worried about the $8 billion loss.

MongoDB (MDB) launched several new or updated products with a focus on agentic AI, enterprise modernization and faster data delivery times during its Investor Day presentation on Tuesday. The database company released MongoDB 9.

Dev Ittycheria, MongoDB Interim President and CEO, joins 'Squawk on the Street' to discuss former CEO CJ Desai stepping down to join Meta Platforms as its chief enterprise platform officer, Investor Day,

Analysts raised concerns about MongoDB’s outlook, while retail investors are extremely bullish ahead of Investor Day.