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If You Invested $100 In This Stock 5 Years Ago, You Would Have $500 Today

Benzinga ·  12/09/2023 00:00

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years by 22.84% on an annualized basis producing an average annual return of 34.51%. Currently, MongoDB has a market capitalization of $26.98 billion. Buying $100 In MDB: If an investor had bought $100 of MDB stock 5 years ago, it would be worth $451.54 today based on a price of $375.00 for MDB at the time of writing.MongoDB's Performance Over Last 5 YearsFinally -- 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

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