Advertisement
Canada markets close in 1 hour 52 minutes
  • S&P/TSX

    22,285.13
    +25.66 (+0.12%)
     
  • S&P 500

    5,185.11
    +4.37 (+0.08%)
     
  • DOW

    38,865.53
    +13.26 (+0.03%)
     
  • CAD/USD

    0.7285
    -0.0036 (-0.50%)
     
  • CRUDE OIL

    78.67
    +0.19 (+0.24%)
     
  • Bitcoin CAD

    86,880.33
    +159.77 (+0.18%)
     
  • CMC Crypto 200

    1,314.28
    -50.84 (-3.72%)
     
  • GOLD FUTURES

    2,322.80
    -8.40 (-0.36%)
     
  • RUSSELL 2000

    2,071.72
    +11.04 (+0.54%)
     
  • 10-Yr Bond

    4.4450
    -0.0440 (-0.98%)
     
  • NASDAQ

    16,334.77
    -14.47 (-0.09%)
     
  • VOLATILITY

    13.42
    -0.07 (-0.52%)
     
  • FTSE

    8,313.67
    +100.18 (+1.22%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • CAD/EUR

    0.6769
    -0.0023 (-0.34%)
     

Why MongoDB Stock Popped This Week

Why MongoDB Stock Popped This Week

Shares of MongoDB (NASDAQ: MDB) popped by as much as 23.9% this week, according to data from S&P Global Market Intelligence. The developer data platform, which is trying to disrupt the database market, put up impressive growth in its Q3 earnings report; this caused investors to bid up its shares. Revenue grew an impressive 47% year over year to $333.6 million, handily beating analyst expectations of $303.4 million heading into the report.