Why MongoDB Stock Lost 34% in March
Shares of MongoDB (NASDAQ: MDB) took a dive last month as the maker of NoSQL database software gave disappointing guidance for 2025 and got caught up in the broad market sell-off on fears around waning consumer confidence and the trade war.
According to data from S&P Global Market Intelligence, the stock finished the month down 34%. As you can see from the chart, the stock tumbled on the earnings report and stayed down from there, slumping toward the end of the month.
Source Fool.com
MongoDB Inc. Stock
€264.35
-2.920%
The stock is one of the favorites of our community with 99 Buy predictions and 2 Sell predictions.
With a target price of 304 € there is a slightly positive potential of 15.0% for MongoDB Inc. compared to the current price of 264.35 €.
