MongoDB slumps as CEO exits after short tenure

By Reuters News

** Database software firm MongoDB's MDB.O shares tumble 16.7% to $342 premarket

** Says CEO Chirantan "CJ" Desai has stepped down with immediate effect, names Dev Ittycheria as interim top boss

** Desai, who served as CEO for less than a year, to pursue a senior role at Meta META.O

** Reaffirms Q3 and FY27 forecasts

** 35 of 43 brokerages rate the stock "buy" or higher and eight "hold"; median PT is $470

** As of last close, stock down 2.2% YTD

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