Here's Why MongoDB Stock Gained 15% Last Month
MDBMongoDB(MDB) The Motley Fool·2024-09-10 04:57

MongoDB's quarterly earnings and updated outlook smashed expectations. Shares of MongoDB (MDB 1.67%) rose 15.2% in August, according to data provided by S&P Global Market Intelligence. The company extended its streak of beating quarterly earnings estimates, and its forward-looking commentary impressed investors looking for signs of growth and profitability. MongoDB smashed quarterly earnings expectations MongoDB reported earnings on Aug. 29, and investors were impressed. The company delivered 13% revenue gr ...