MongoDB shares are trading higher after the company reported better-than-expected Q1 results and issued strong guidance.
Portfolio Pulse from Benzinga Newsdesk
MongoDB reported better-than-expected Q1 results and issued strong guidance, leading to a rise in its share price.
June 02, 2023 | 12:10 pm
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MongoDB's better-than-expected Q1 results and strong guidance have led to an increase in its share price.
MongoDB reported better-than-expected Q1 results, which is a positive indicator for the company's performance. Additionally, the strong guidance issued by the company suggests continued growth and success in the future. This news is directly related to MongoDB's stock price and is likely to have a positive impact on it in the short term.
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