🔴 MDB is trading 3.3% down today amid a broader software sector selloff

MDB is trading at $352.37 (-3.32%) as the software sector faces pressure from strong jobs data delaying Federal Reserve rate cut expectations.

• The decline follows a -3.39% drop on February 11, tracking broader losses in the NASDAQ (-1.39%) and S&P 500 (-0.80%).
• Goldman Sachs recently highlighted the company's durable economics and AI innovations, though macro headwinds currently dominate price action.
• There is no company-specific news today; MongoDB is scheduled to report earnings on March 2, 2026.