Alger Mid Cap Growth Fund Maintains its Conviction in MongoDB (MDB) [Yahoo! Finance]
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MongoDB, Inc. - Class A (MDB)
Last mongodb, inc. - class a earnings: 3/17 04:05 pm
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Source: Yahoo! Finance
A copy of the letter can be downloaded here . U.S. equities experienced a robust rally in Q1, with the S&P Index finishing up 10.56%. The fund underperformed the Russell Midcap Growth Index in the quarter. Industrials and healthcare sectors were the leading contributors while financials and utilities detracted. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024. Alger Mid Cap Growth Fund highlighted stocks like MongoDB, Inc. (NASDAQ: MDB ), in the first quarter 2024 investor letter. MongoDB, Inc. (NASDAQ:MDB) offers general purpose database platform. The one-month return of MongoDB, Inc. (NASDAQ:MDB) was -41.02%, and its shares lost 43.39% of their value over the last 52 weeks. On June 13, 2024, MongoDB, Inc. (NASDAQ:MDB) stock closed at $218.18 per share with a market capitalization of $16.004 billion. Alger Mid Cap Growth Fund stated the following regarding MongoDB, Inc. (NASDAQ:MDB) in its first quarter 2024 investor letter: MongoDB, Inc.
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MDB
Earnings
- 5/30/24 - Beat
MDB
Sec Filings
- 6/25/24 - Form 144
- 6/18/24 - Form 4
- 6/17/24 - Form 144
- MDB's page on the SEC website