$1000 Invested In MongoDB 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, MongoDB (NASDAQ:MDB) has achieved an average annual return of 21.87%, outperforming the market by 10.35% annually. A $1000 investment in MDB 5 years ago would now be worth $2,728.77, showcasing the impact of compounded returns on investment growth. MongoDB's current market capitalization stands at $26.72 billion.
April 30, 2024 | 7:30 pm
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MongoDB has demonstrated significant growth over the past 5 years, with a $1000 investment growing to $2,728.77, reflecting a 21.87% average annual return.
The article highlights MongoDB's strong performance over the past 5 years, significantly outperforming the market. This consistent growth and the impressive return on investment underscore the company's robust financial health and market position, likely contributing to positive investor sentiment and potential upward movement in MDB's stock price in the short term.
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