Categories NASDAQ

MongoDB, Inc. (NASDAQ): A Closer Look at Recent Share Price Drop

MongoDB, Inc. (NASDAQ) shareholders have faced a significant setback with a 41% drop in share price over the last month. This decline has contributed to a 42% decrease over the past year, making it a tough period for investors. Despite this price dip, MongoDB still has a high price-to-sales (P/S) ratio of 9.1x compared to…