Why MongoDB Stock Skyrocketed Higher Wednesday Morning
Shares of MongoDB (NASDAQ: MDB) charged sharply higher on Wednesday, surging as much as 34.3%. As of 11:47 a.m. ET, the stock is still up 34%.
The catalyst that drove the database-as-a-service provider higher was the company's financial results, which were far better than even the most bullish forecast.
Image source: Getty Images.
Source Fool.com
MongoDB Inc. Stock
€331.55
0.970%
The stock is an absolute favorite of our community with 118 Buy predictions and no Sell predictions.
With a target price of 343 € there is a slightly positive potential of 3.45% for MongoDB Inc. compared to the current price of 331.55 €.
