NEW YORK – MongoDB, Inc. (NASDAQ: MDB) shares experienced a pullback in late trading today, declining nearly 2% despite a very strong performance over the past month. As of 22:58 GMT+5:30 (indicative of US late-session trading), the MDB stock price stood at $220.90, a decrease of $4.48, or 1.99%, for the day.
The database software company’s stock traded down from a previous close of $225.38. The intraday MDB chart shows the shares opening lower and exhibiting some volatility throughout the session, generally trending downwards. The 1-day performance metric indicates a loss of 1.94%.
This daily dip contrasts sharply with MongoDB’s recent momentum:
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5 days: An impressive +17.29%
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1 month: A remarkable +28.32%
However, looking at a slightly longer horizon, the picture is more mixed:
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6 months: -35.66%
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Year to date: -5.59%
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1 year: -5.15%
Despite these medium-term challenges, the longer-term view shows growth, with a 5-year gain of 9.87% and a substantial “All time” return of 569.70%.
Investors will be watching MongoDB’s stock closely to see if today’s dip is a temporary pause in its recent rally or a continuation of the choppiness seen over the past year. The significant gains in the last month suggest a recent resurgence in investor confidence in the tech stock.
FAQ: MongoDB, Inc. (MDB) Stock Performance
Q1: What is MongoDB’s stock ticker symbol and where is it traded?
A: MongoDB, Inc. trades on the Nasdaq Stock Market under the ticker symbol MDB.
Q2: What was the MDB stock price as of the latest update?
A: As of 22:58 GMT+5:30, the MDB stock price was $220.90 USD.
Q3: How much did MDB stock change in the latest session?
A: MDB stock decreased by $4.48, which is a 1.99% decline for the session as of that update. The 1-day performance figure shown is -1.94%.
Q4: What was the previous closing price for MongoDB shares?
A: The previous closing price for MDB shares was $225.38 USD.
Q5: What does the intraday MDB chart show?
A: The intraday MDB chart for the session shows the stock price opening lower and generally trending downwards with some fluctuations.
Q6: How has MDB stock performed over different recent and medium terms?
A: MDB stock performance shows a mixed picture:
* 5 days: +17.29%
* 1 month: +28.32%
* 6 months: -35.66%
* Year to date: -5.59%
* 1 year: -5.15%
Q7: What is the 5-year and “All time” performance for MDB stock?
A: Over the past 5 years, MongoDB’s stock price is up by 9.87%. The “All time” performance shows a significant gain of 569.70%.
Q8: What kind of company is MongoDB, Inc.?
A: MongoDB, Inc. is a software company that develops and provides a popular open-source, document-oriented database program (NoSQL database) and related cloud services and tools.
Q9: What does the contrasting performance of MDB stock (strong recent gains vs. negative medium-term) suggest?
A: The strong recent gains (5-day, 1-month) for MDB stock suggest a recent surge in positive investor sentiment, possibly due to company news, industry trends, or a rebound from previous lows. However, the negative 6-month, YTD, and 1-year figures indicate that the stock has faced significant headwinds or corrections prior to this recent rally. Investors will be assessing if the recent momentum is sustainable.
