MongoDB Announces Proposed Public Offering of Class A Common Stock
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MongoDB (MDB) Sinks on Primary Share Offering, Seen as a War Chest Building for Strategic Investment and Execution
June 30, 2021 8:44 AM EDTShares of MongoDB (NASDAQ: MDB) are down about 6% in pre-open Wednesday after the company announced it priced an upsized offering 2.5 million shares of its Class A common stock at a price to the public of $365.00 per share. Originally, the company was looking to offer 2.3 million shares.
After underwriting discounts and commissions, the... More
