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© Reuters. $1000 Invested In MongoDB 5 Years Ago Would Be Worth This Much Today

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years by 24.81% on an annualized basis producing an average annual return of 38.7%. Currently, MongoDB has a market capitalization of $29.52 billion.

Buying $1000 In MDB: If an investor had bought $1000 of MDB stock 5 years ago, it would be worth $5,697.97 today based on a price of $409.00 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.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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