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0.00102823696907394 4.74570908804657E-05 -0.000585304120857219 -0.00449260460333769 0.00805188641936254 0.00512536581507555 -0.00200901684726723 -0.00200901684726723
Stock impact report

Why Is MongoDB (MDB) Stock Soaring Today [Yahoo! Finance]

MongoDB, Inc. - Class A (MDB) 
Last mongodb, inc. - class a earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.mongodb.com/investor-relations
Company Research Source: Yahoo! Finance
This move is significant, given MongoDB's volatile stock history, and suggests a positive impact on the market's perception of the business. MongoDB's own second-quarter results had also shown strong performance, with its Atlas cloud offering driving 71% of revenue and 27% year-over-year sales growth. Shares of database software company MongoDB (MDB) jumped 17.5% in the afternoon session after fellow data analytics software provider Snowflake reported impressive third-quarter results, which surpassed analysts' revenue and earnings expectations. Customer retention also normalized, suggesting some of the demand headwinds that hindered the growth of some enterprise software businesses are fading, especially those with more exposure to small and mid-sized businesses. The improved trends are also supported by Snowflake's strong sales outlook, which exceeded consensus estimates. Overall, the results revealed signs of improved demand within the data analytics segment. Is now the time to Show less Read more
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