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Why MongoDB Stock Plunged Today


Management of MongoDB (NASDAQ: MDB), the high-priced database software stock, reported slower growth in the first quarter than investors are used to and offered disappointing guidance for the second quarter. Meanwhile, adjusted profits also fell in the quarter.

As a result, the stock was down 25.1% as of 11:44 a.m. ET.

Image source: Getty Images.

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Source Fool.com

MongoDB Inc. Stock

€261.10
-0.270%
The price for the MongoDB Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.700 (-0.270%).
With 48 Buy predictions and 2 Sell predictions MongoDB Inc. is one of the favorites of our community.
As a result the target price of 321 € shows a positive potential of 22.94% compared to the current price of 261.1 € for MongoDB Inc..
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