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A stock split wouldn't make its stock any cheaper. At $290 a share, MongoDB still looks expensive at 121 times this year's adjusted earnings and 11 times this year's sales. It might have justified ...
Another high-growth tech company that has never split its stock is MongoDB, a provider of database management software that went public at $24 in 2017. It has soared more than 11-fold to about ...
Ultramodern database software specialist MongoDB (NASDAQ: MDB) had a bad market day on Tuesday. The stock was down 13.9% at 11:45 a.m. ET despite an impressive third-quarter report. The stock ...
Shares of the database specialist crashed earlier this year but are making a comeback.
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The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of August 26, 2024. Jeremy Bowman has positions in MongoDB. The ...
The stock of MongoDB (NAS:MDB, 30-year Financials) shows every sign of being modestly overvalued, according to GuruFocus Value calculation.