Why MongoDB Plunged in December
Shares of database upstart (NASDAQ: MDB) plunged 27.8% in December, according to data from S&P Global Market Intelligence.
MongoDB released its fiscal third-quarter earnings early in the month, which disappointed investors, and also announced the retirement of its chief financial officer.
However, MongoDB could be a big winner in the next stage of the artificial intelligence (AI) era. So is the downturn an opportunity?
Source Fool.com
MongoDB Inc. Stock
€177.30
-0.520%
The stock is one of the favorites of our community with 75 Buy predictions and 1 Sell predictions.
With a target price of 304 € there is a hugely positive potential of 71.46% for MongoDB Inc. compared to the current price of 177.3 €.
