Here's How Much $1000 Invested In MongoDB 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
MongoDB (NASDAQ:MDB) has significantly outperformed the market with an average annual return of 41.7% over the past 5 years. An initial investment of $1000 in MDB 5 years ago would now be worth $5,463.82. The company's current market capitalization stands at $28.55 billion.
November 15, 2023 | 4:00 pm
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MongoDB's stock has provided exceptional returns over the past 5 years, with an initial $1000 investment growing to $5,463.82.
The historical performance of MongoDB is indicative of strong growth and may attract investors looking for high-performing tech stocks. The positive retrospective analysis could lead to increased investor confidence and a potential short-term uplift in the stock price.
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