India, Sept. 2 -- MongoDB Inc. (MDB) shares are currently trading at $389.32, down $44.89, or 10.33 percent on Wednesday, despite the company reporting strong second-quarter results and raising its full-year fiscal 2027 guidance.
MongoDB closed the previous session at $434.21 and opened at $378.38 on the Nasdaq. The stock has traded between $371.00 and $393.00 during the session, with volume at 3.40 million shares, versus average volume of 1.54 million. Its 52-week trading range is $215.68 to $473.10.
MongoDB reported net income of $40.9 million, or $0.50 per share, compared with a net loss of $47.0 million, or $0.58 per share, a year earlier. Adjusted net income increased to $162.6 million, or $1.90 per share, from $87.2 million, or $1.0...