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
€313.80
0.880%
With 129 Buy predictions and 2 Sell predictions MongoDB Inc. is one of the favorites of our community.
As a result the target price of 343 € shows a slightly positive potential of 9.31% compared to the current price of 313.8 € for MongoDB Inc..
