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Why MongoDB Stock Plunged Today


Management of MongoDB (NASDAQ: MDB), the high-priced database software stock, reported slower growth in the first quarter than investors are used to and offered disappointing guidance for the second quarter. Meanwhile, adjusted profits also fell in the quarter.

As a result, the stock was down 25.1% as of 11:44 a.m. ET.

Image source: Getty Images.

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Source Fool.com

MongoDB Inc. Stock

€328.10
-0.460%
MongoDB Inc. shows a slight decrease today, losing -€1.500 (-0.460%) compared to yesterday.
The stock is one of the favorites of our community with 129 Buy predictions and 2 Sell predictions.
With a target price of 346 € there is a slightly positive potential of 5.46% for MongoDB Inc. compared to the current price of 328.1 €.
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