If you had invested: $1,000.00💵
Into MDB on 2023-05-22 📅
You would have made:
$328.32 🤑
Your Annual Rate of Return would be: 32.83% 📈
Total Increase: 32.83%📈
With that much money you could have bought:
0.4104 iPhones
Background
MongoDB, one of the hottest companies on the stock market, located at 1633 broadway, 38th floor, new york, ny, us specializes in the services-prepackaged software industry. It is currently listed on the exchange NASDAQ in the country USA.
The company's last annual earnings report on 2023-04-30 showed that it had reached a market cap of 33,975,222,000 $.
If someone had invested $100 in MongoDB 10 years ago, their investment would be worth roughly $1073.37 today, according to If You Had Invested
If you had invested...
A companies stock price is a reflection of the company's performance and for MDB, its stock has been amazing. If you had invested $1,000 in MongoDB 1 year ago and held onto your investment until today , here's what would have happened:
Your investment would now be worth roughly $1328.32 today.
Financials
If you are looking for a company with a good dividend yield then avoid MongoDB because it does not pay a dividend.
In terms of growth MongoDB has been on the up and up with a Quarterly earnings growth rate of 0. At the same time revenue growth has been to the moon with a rate of 0.356.
You've probably heard a lot of different things about investing in the stock market. After all, it can be volatile and unpredictable. But that doesn't mean it's not a good place to invest your money. In fact, many people who are experts on this subject will tell you that the stock market has been rewarding for investors over time—and that includes those who invested just one year ago!
The stock market is volatile and not a get rich quick scheme. It’s a long term investment strategy that can help you build wealth and diversify your portfolio.
As MongoDB continues on its journey to become a 5,096,283,300,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood
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