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Is MongoDB Stock a Buy?

TheMotleyFool

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Shares of MongoDB (NASDAQ: MDB) have been on an absolute tear since the company went public in Oct. 2017. Founded in 2007, MongoDB listed on the NASDAQ at an IPO price of $24 per share. It spiked to $32.07 per share at the end of its first trading day. The stock has climbed to $159.94 as of this writing.

The stock has easily outperformed the S&P 500 as seen in the below chart. Even if you bought the stock at the end of its first trading day, you'd be sitting on a return of nearly 400% in less than three years' time.