MongoDB Shares Fall 20% Year to Date: How Should You Play the Stock?

MongoDB (MDB) shares have declined 20.4% year to date (YTD), underperforming the broader Zacks Computer and Technology sector's appreciation of 27.2%. MDB shares have also lagged the Zacks Internet Software industry and its peers like Samsara (IOT) , Fortinet (FTNT) and Cognyte Software (CGNT) . Over the same time frame, shares of Samsara, Fortinet and Cognyte Software have returned 60.9%, 60.7% and 23.8%, respectively. The industry has appreciated 31.9% YTD. MDB stock's underperformance can be attributed t ...