Why MongoDB Stock Skyrocketed Higher Wednesday Morning
Shares of MongoDB (NASDAQ: MDB) charged sharply higher on Wednesday, surging as much as 34.3%. As of 11:47 a.m. ET, the stock is still up 34%.
The catalyst that drove the database-as-a-service provider higher was the company's financial results, which were far better than even the most bullish forecast.
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Source Fool.com
MongoDB Inc. Stock
€370.95
0.030%
The stock is an absolute favorite of our community with 117 Buy predictions and no Sell predictions.
On the other hand, the target price of 366 € is below the current price of 370.95 € for MongoDB Inc., so the potential is actually -1.33%.
