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Home›US Markets›M&A & Deals›MongoDB shares fall as CEO CJ Desai heads to Meta

MongoDB shares fall as CEO CJ Desai heads to Meta

Meta is building an enterprise platform business to make it easier for developers to use its products, with Desai leading the effort.

Reported · Written up by our desk · M&A & Deals

MongoDB’s stock is down more than 20%, following CEO CJ Desai’s move to Meta, according to MarketWatch.

MarketWatch reports that Meta is creating an enterprise platform business designed to make it easier for developers to use its products, and that Desai will head the initiative.

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Sources

MarketWatchMongoDB’s stock is down more than 20% as CEO decamps to Meta
MarketWatchMongoDB’s stock is down more than 20% as CEO decamps to Meta

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