• Mon. Oct 14th, 2024

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $6,400 Today – MongoDB (NASDAQ:MDB)

ByBenzinga Insights

Jan 11, 2023
If You Invested $1000 In This Stock 5 Years Ago, You Would Have $6,400 Today - MongoDB (NASDAQ:MDB)

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MongoDB MDB has outperformed the market over the past 5 years by 37.78% on an annualized basis producing an average annual return of 45.06%. Currently, MongoDB has a market capitalization of $12.92 billion.

Buying $1000 In MDB: If an investor had bought $1000 of MDB stock 5 years ago, it would be worth $6,422.92 today based on a price of $186.45 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.