Yahoo Finance's Jared Blikre looks at the top stock movers of the day, including Carvana and other auto dealers.
Shares of MongoDB (NASDAQ: MDB) were flying higher today after the database software company posted strong results in its third-quarter earnings report. MongoDB, which specializes in NoSQL database software, trounced estimates in its latest update and even reported a surprise profit. Its cloud-based product, Atlas, again led the way with 61% growth and now makes up 63% of total revenue.
Stock markets prepared to continue their downward trend on Wednesday, as early morning moves in futures markets indicated further declines after two losing sessions on Monday and Tuesday. The Nasdaq Composite (NASDAQINDEX: ^IXIC) looked poised to suffer the most significant declines, with futures contracts falling more than 1% in premarket trading. MongoDB (NASDAQ: MDB) rose sharply after the software-as-a-service (SaaS) company reported solid financial results late Tuesday, but the biggest pop came for Prometheus Biosciences (NASDAQ: RXDX).