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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

€233.35
-1.440%
We can see a decrease in the price for MongoDB Inc.. Compared to yesterday it has lost -€3.400 (-1.440%).
With 40 Buy predictions and 2 Sell predictions MongoDB Inc. is one of the favorites of our community.
As a result the target price of 409 € shows a very positive potential of 75.27% compared to the current price of 233.35 € for MongoDB Inc..
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