MDB Trades Near 52-Week High: Should Investors Still Buy the Stock?
Key Takeaways MDB shares sit near a 52-week high after a 97% six-month rally, far outperforming industry and sector returns.Atlas revenues grew 30% YoY in fiscal Q3 and accounted for 75% of MongoDB's total revenue generation.MDB added 2,600 customers in fiscal Q3, fueled by self-serve adoption and deeper cloud ties with hyperscalers.MongoDB (MDB) shares closed at $411.19 on Tuesday, Jan. 13, very close to the 52-week high of $444.72, which it hit on Jan. 7. MDB shares have jumped 97% over the trailing six m ...