Why MongoDB Plunged in December
Shares of database upstart (NASDAQ: MDB) plunged 27.8% in December, according to data from S&P Global Market Intelligence.
MongoDB released its fiscal third-quarter earnings early in the month, which disappointed investors, and also announced the retirement of its chief financial officer.
However, MongoDB could be a big winner in the next stage of the artificial intelligence (AI) era. So is the downturn an opportunity?
Source Fool.com
MongoDB Inc. Stock
€353.20
-1.560%
The stock is an absolute favorite of our community with 119 Buy predictions and no Sell predictions.
With a target price of 365 € there is a slightly positive potential of 3.34% for MongoDB Inc. compared to the current price of 353.2 €.
