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Here's How Much $1000 Invested In MongoDB 5 Years Ago Would Be Worth Today

Author: Benzinga Insights | March 25, 2024 02:00pm

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years by 6.21% on an annualized basis producing an average annual return of 19.22%. Currently, MongoDB has a market capitalization of $25.88 billion.

Buying $1000 In MDB: If an investor had bought $1000 of MDB stock 5 years ago, it would be worth $2,422.01 today based on a price of $355.36 for MDB at the time of writing.

MongoDB's Performance Over Last 5 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: MDB

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