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MongoDB Stock Up 18% In A Day: Return To $500 In Sight?
Forbes· 2024-09-04 13:30
SUQIAN, CHINA - DECEMBER 6, 2023 - Illustration MongoDB, December 6, 2023, Suqian, Jiangsu Province, ... [+] China. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing via Getty Images Could MongoDB stock regain $500 in a year? Not too far-fetched a possibility, given that MongoDB stock was trading at around $500 levels at the end of February - just six months ago. Since then the stock has nosedived ~42% and trades at close to $290 now. At the current price level, MongoDB s ...
Stock Split Watch: Is MongoDB Next?
The Motley Fool· 2024-09-04 08:52
The database services provider's stock has soared 1,100% since its October 2017 IPO. MongoDB's (MDB -2.61%) stock price soared 18% on Aug. 30 after it posted its latest earnings report. For the second quarter of fiscal 2025, which ended on July 31, the database management software provider's revenue increased 13% year over year to $463.8 million and exceeded analysts' expectations by $13.9 million. Its adjusted EPS declined 25% year over year to $0.70 but still cleared the consensus forecast by $0.22. For t ...
MDB DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages MongoDB, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important September 9 Deadline in Securities Class Action – MDB
GlobeNewswire News Room· 2024-09-03 16:55
NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of MongoDB, Inc. (NASDAQ: MDB) between August 31, 2023 and May 30, 2024, both dates inclusive (the "Class Period"), of the important September 9, 2024 lead plaintiff deadline. SO WHAT: If you purchased MongoDB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO ...
MDB STOCK NOTICE: Why is MongoDB, Inc. is being Sued for Securities Fraud; Contact BFA Law Now about the Lawsuit if You Lost Money on Your Investment (Nasdaq:MDB)
GlobeNewswire News Room· 2024-09-03 10:44
NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") (Nasdaq:MDB) and certain of the Company's senior executives. If you suffered losses on your MongoDB investment, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/mongodb-inc. Investors have until September 9, 2024 to ask the Court to be appointed to lead the case. The complaint asse ...
UPCOMING INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that MongoDB, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2024-09-03 10:14
SAN DIEGO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of MongoDB, Inc. (NASDAQ: MDB) securities between August 31, 2023 and May 30, 2024, inclusive (the "Class Period"), have until September 9, 2024 to seek appointment as lead plaintiff of the MongoDB class action lawsuit. Captioned Baxter v. MongoDB, Inc., No. 24-cv-05191 (S.D.N.Y.), the MongoDB class action lawsuit charges MongoDB as well as certain of MongoDB's top executives with violations ...
MDB Deadline: MongoDB, Inc. Sued for Securities Law Violations - Contact The Rosen Law Firm Before September 9, 2024 to Discuss Your Rights - MDB
Prnewswire· 2024-09-02 13:15
NEW YORK, Sept. 2, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of MongoDB, Inc. (NASDAQ: MDB) between August 31, 2023 and May 30, 2024, both dates inclusive (the "Class Period"), of the important September 9, 2024 lead plaintiff deadline. So What: If you purchased MongoDB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do Next: ...
MongoDB Proves Skeptics Wrong With Strong Q2 Performance
Seeking Alpha· 2024-09-02 11:00
1 1 Michael Vi MongoDB, Inc. (NASDAQ:MDB) stock has been falling sharply over the last months fueled primarily by general skepticism around whether AI will have an actual positive impact on software companies in the near future. In fact, the stock price has plummeted 50% from its February highs, and MDB's peers have experienced a similar fate. However, MongoDB's strong Q2 results and positive guidance revision seem to have proved skeptics wrong, which might be an inflection point for the company. Therefore, ...
MDB STOCK NEWS: A Securities Fraud Class Action has been Filed Against MongoDB, Inc. -- Contact BFA Law before September 9 Deadline if You Suffered Losses (Nasdaq:MDB)
GlobeNewswire News Room· 2024-09-01 10:44
NEW YORK, Sept. 01, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces a lawsuit has been filed against MongoDB, Inc. ("MongoDB" or the "Company") (Nasdaq:MDB) and certain of the Company's senior executives. If you suffered losses on your MongoDB investment, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/mongodb-inc. Investors have until September 9, 2024 to ask the Court to be appointed to lead the case. The complaint asse ...
MongoDB Defies Doubters With Strong Q2 Performance
The Motley Fool· 2024-08-31 15:51
MongoDB's Q2 results crushed expectations across the board. Here's why the stock still has room to grow despite a lofty valuation. Database software expert MongoDB (MDB 18.34%) reported earnings on Thursday, and the results left analyst expectations far behind. The stock soared more than 18% higher shortly after Friday's opening bell. In most cases, that would be a simple story. Surprising financial strength leads to a triumphant stock jump. The end. But it's more complicated for MongoDB, whose big jump did ...
Compared to Estimates, MongoDB (MDB) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-30 23:00
For the quarter ended July 2024, MongoDB (MDB) reported revenue of $478.11 million, up 12.8% over the same period last year. EPS came in at $0.70, compared to $0.93 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $462.92 million, representing a surprise of +3.28%. The company delivered an EPS surprise of +45.83%, with the consensus EPS estimate being $0.48. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...