Performance, Earnings and Valuation Analysis: MongoDB Inc. (MDB)
In September 1 trading, MongoDB Inc. (NASDAQ: MDB) prices were down more than 25% to $241.11. Despite exceeding Wall Street analysts’ projections for quarterly revenue, this occurred. MDB creates and distributes non-relational database (NoSQL) technology for distributed networked computer systems. Atlas is the company’s brand for SaaS services. MongoDB’s revenue increased 53% year on year […]
