• Fri. Nov 1st, 2024

If You Invested $100 In This Stock 5 Years Ago, You Would Have $600 Today – MongoDB (NASDAQ:MDB)

ByBenzinga Insights

Dec 28, 2022
If You Invested $100 In This Stock 5 Years Ago, You Would Have $600 Today - MongoDB (NASDAQ:MDB)

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MongoDB MDB has outperformed the market over the past 5 years by 37.8% on an annualized basis producing an average annual return of 44.9%. Currently, MongoDB has a market capitalization of $12.95 billion.

Buying $100 In MDB: If an investor had bought $100 of MDB stock 5 years ago, it would be worth $638.82 today based on a price of $186.85 for MDB at the time of writing.

MongoDB’s Performance Over Last 5 Years

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.

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Image and article originally from www.benzinga.com. Read the original article here.