Here's Why MongoDB (MDB) Fell More Than Broader Market
MDBMongoDB(MDB) ZACKS·2024-08-21 07:15

The latest trading session saw MongoDB (MDB) ending at $253.24, denoting a -1.44% adjustment from its last day's close. This change lagged the S&P 500's 0.2% loss on the day. Meanwhile, the Dow lost 0.15%, and the Nasdaq, a tech-heavy index, lost 0.34%.Heading into today, shares of the database platform had gained 1.76% over the past month, outpacing the Computer and Technology sector's gain of 0.96% and lagging the S&P 500's gain of 1.93% in that time.Analysts and investors alike will be keeping a close ey ...