$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today
Portfolio Pulse from Benzinga Insights
MongoDB (NASDAQ:MDB) has significantly outperformed the market over the past 5 years, with an average annual return of 21.7%, turning a $100 investment into $274.39 today. The company's market capitalization stands at $27.04 billion.
March 12, 2024 | 8:00 pm
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POSITIVE IMPACT
MongoDB has delivered a remarkable average annual return of 21.7% over the past 5 years, significantly outperforming the market.
The significant outperformance of MongoDB (MDB) compared to the market over the past 5 years, as highlighted by its 21.7% average annual return and the growth of a $100 investment to $274.39, indicates strong company performance and investor confidence. This historical performance, coupled with a substantial market capitalization of $27.04 billion, suggests a positive short-term impact on MDB's stock price as it reflects the company's growth trajectory and market position.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100