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MongoDB Trading Volume Surges 121.89% to $12.13 Billion Ranking 46th in Market
Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 4, 2025 8:10 pm ET1min read
On June 4, 2025, MongoDB's trading volume reached $12.13 billion, marking a significant increase of 121.89% from the previous day, placing it at the 46th position in the day's stock market rankings.
(MDB) rose by 3.09%, marking its third consecutive day of gains, with a total increase of 5.77% over the past three days.MongoDB's shares surged in extended trading on Wednesday following the release of its first-quarter results, which exceeded market expectations. The database company reported a 21.9% year-on-year increase in sales, reaching $549 million, driven by strong demand for its cloud-based database services.
This positive performance has led to an upward revision in the company's guidance for the remainder of the year, reflecting confidence in its growth prospects. The strong Q1 results and optimistic outlook have bolstered investor sentiment, contributing to the recent upward trend in MongoDB's stock price.
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