Why MongoDB’s Stock Is Trading Lower Today
MongoDB, Inc. (NASDAQ: MDB) shares are trading lower on Wednesday after the company priced its upsized public offering of 2.5 million shares of common stock at $365 per share.
MongoDB Raises ~$900M Via Upsized Secondary Equity Offering At 6.2% Discount
MongoDB Inc (NASDAQ:MDB) priced 2.5 million shares at $365 per share in an upsized secondary public offering. The offering price…
29 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
Bridgeline Digital, Inc. (NASDAQ: BLIN) shares rose 83% to $6.20 in pre-market trading. Bridgeline Digital shares jumped over 36% on Tuesday on above-average volume.
UPDATE: MongoDB Announces Offering Of 2.3M Shares Of Common Stock
MongoDB, Inc. ("MongoDB") (NASDAQ:MDB), the leading, modern general purpose database platform, today announced that it has commenced an underwritten public offering of 2,300,000 shares of its Class A
40 Stocks Moving In Friday’s Mid-Day Session
Gainers
SemiLEDs Corporation (NASDAQ: LEDS) shares jumped 68.8% to $25.49 after gaining 23% on Thursday.
Mid-Morning Market Update: Markets Open Higher; US Economy Adds 559,000 Jobs in May
Following the market opening Friday, the Dow traded up 0.26% to 34,666.18 while the NASDAQ rose 1.22% to 13,780.27. The S&P also rose, gaining 0.64% to 4,219.82.
Citigroup Maintains Buy on MongoDB, Raises Price Target to $450
Citigroup analyst Tyler Radke maintains MongoDB (NASDAQ:MDB) with a Buy and raises the price target from $445 to $450.
Why MongoDB’s Stock Is Trading Higher Today
MongoDB Inc (NASDAQ: MDB) is trading higher Friday morning after the database software company announced better-than-expected financial results.