Michael Berry Sells Shares of MongoDB, Inc. $MDB
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Michael Berry, Chief Financial Officer at MongoDB, Inc. ($MDB), sold 5,000 shares at an average price of $351.11, for a total transaction of $1.76 million. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
MongoDB, Inc. Stock Down 25.5%
Shares of MongoDB, Inc. ($MDB) traded around $332.75 on Thursday, down 25.5% for the day.
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About MongoDB, Inc.
MongoDB, Inc., together with its subsidiaries, provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premises, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It offers professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.
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