MDB

There are also other stocks that are seeing notable movements, such as MongoDB. So, Meta recruited its CEO, and that may not seem like big news, but the company's stock opened down 24 %.

A massive collapse in MongoDB shares. During the day, the stock fell to around $300, a drop of 27%. Since then, the stock has seen a remarkable rise from its lows, by approximately 13.5%. But it is still down by approximately 18%.

Next up, guys, is MongoDB. We have seen a significant drop here in MongoDB today of 18.46%. They made a change in leadership just before Investors Day. Investors were not so confident, as the entire stock fell below $300 today.

Actually, at exactly $300 . MongoDB stock experienced a direct drop of $100 due to a change in their leadership.

Now, there's one more stock we're going to look at today. It is MongoDB. MongoDB. They announced that their CEO is stepping down. And anytime a CEO steps down, the markets get a little bit nervous on this.

And take a look at the drop on MongoDB. This is incredible, guys. What a drop. The stock right now is down over 23% on this news. Now, part of it was they have this big conference they're doing and they reaffirmed guidance.

Now, you may say, "Well, they reaffirmed guidance. Why is it dropping this much?" Well, we're in the world of AI. If a company that is exposed to AI doesn't increase guidance, it's an automatic sell.

It just is. The markets are reacting that way. And that's what we're seeing in MDB here with a big drop.