Heurist Finance

MongoDB stock drops over 20% as CEO CJ Desai leaves for Meta

MarketWatch · yesterday
MDBMETA
  • MongoDB shares fell more than 20% after CEO CJ Desai left to join Meta.
  • Desai will lead a new Meta enterprise platform business aimed at making it easier for developers to use Meta products.

Quotes

“Meta is creating an enterprise platform business that aims to make it easier for developers to use its products.”— MarketWatch
“CJ Desai, formerly of MongoDB, will head up the initiative.”— MarketWatch

Sources