share_log

$100 Invested In MongoDB 5 Years Ago Would Be Worth This Much Today

Benzinga ·  Apr 17 11:00

MongoDB (NASDAQ:MDB) has outperformed the market over the past 5 years by 9.1% on an annualized basis producing an average annual return of 20.56%. Currently, MongoDB has a market capitalization of $25.50 billion.

Buying $100 In MDB: If an investor had bought $100 of MDB stock 5 years ago, it would be worth $268.20 today based on a price of $350.18 for MDB at the time of writing.

MongoDB's Performance Over Last 5 Years

comp_fig

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment