MDB is trading at $334.50 (-3.3%) as of February 4, 2026, as high-growth technology stocks face pressure from a broader market rotation and a 1.08% decline in the NASDAQ Composite.
- Investors are rotating away from speculative assets following concerns about AI competition and expectations of tighter monetary policy following Kevin Warsh's nomination as Federal Reserve Chair.
- While MongoDB recently reported strong Q2 and Q3 results with 24-29% revenue growth, the stock remains under heavy profit-taking pressure after falling 9.01% on January 29 and 7.14% on February 3.