Investor Alleges Sales Changes Hurt Software Co.'s Growth
By Emilie Ruscoe ( July 11, 2024, 9:01 PM EDT) -- Software company MongoDB Inc. and two of its executives are facing a proposed investor class action claiming they misguided shareholders about the anticipated impact of a change to the company's sales practices the executives recently cited while revising growth projections downward, causing the company's share price to nosedive....
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