Shares of MongoDB (NASDAQ: MDB), a cloud computing database company, were sliding today on no company-specific news. Instead, investors appeared concerned about cloud stocks in general today, after Amazon reported disappointing quarterly financial results and weak guidance. As a result, investors lost some faith in other cloud stocks and MongoDB's shares fell 1.7% as of 3:24 p.m. ET. Read More...
Shares of MongoDB (NASDAQ: MDB), a cloud computing database company, were sliding today on no company-specific news. Instead, investors appeared concerned about cloud stocks in general today, after Amazon reported disappointing quarterly financial results and weak guidance. As a result, investors lost some faith in other cloud stocks and MongoDB’s shares fell 1.7% as of 3:24 p.m. ET.
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