MDB is trading at $366.64 (-2.81%), declining independently of a broader market advance as investors look ahead to the company's Q4 earnings report on March 2.
- The stock is retracing after yesterday's 6.4% gain, which was fueled by a positive note from Goldman Sachs regarding the company's AI positioning.
- Today's move contrasts with gains in the S&P 500 (+0.35%) and NASDAQ (+0.23%) following a strong January jobs report that saw 130,000 additions, significantly beating the 55,000 forecast.