MongoDB Shares Leap 13% on Increased View for Full Year

Dow Jones08-30

Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.

The stock rose 13%, to $278.2, in after-hours trading. It closed the regular trading session at $246.72, down nearly 40% for the year.

The database-software company raised its view for the year after second-quarter results topped expectations. CEO Dev Ittcheria noted that the company experienced better-than-consumption trends for Atlas, a managed multi-cloud database-as-a-service offering, in the quarter. In May, the company warned that it expected a slower-than-expected start to the year for the product.

MongoDB's guidance for the third-quarter also came in above Wall Street expectations, according to FactSet.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

nywles
08-30
nywles
Thanks

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2463921533?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-30 07:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2463921533","market":"sg","top_or_hot":-1,"title":"MongoDB Shares Leap 13% on Increased View for Full Year","media":"Dow Jones","content":"<html><head></head><body><p>Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.</p><p>The stock rose 13%, to $278.2, in after-hours trading. It closed the regular trading session at $246.72, down nearly 40% for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/425866c14263e9f1f99da316efcf4ad7\" tg-width=\"787\" tg-height=\"832\"/></p><p>The database-software company raised its view for the year after second-quarter results topped expectations. CEO Dev Ittcheria noted that the company experienced better-than-consumption trends for Atlas, a managed multi-cloud database-as-a-service offering, in the quarter. In May, the company warned that it expected a slower-than-expected start to the year for the product.</p><p>MongoDB&#39;s guidance for the third-quarter also came in above Wall Street expectations, according to FactSet.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MongoDB Shares Leap 13% on Increased View for Full Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMongoDB Shares Leap 13% on Increased View for Full Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-30 07:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.The stock rose 13%, to $278.2, in after-hours trading. It closed the ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1720051108.HKD","symbol_name":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2463921533","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2463921533","pubTimestamp":1724974750,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.The stock rose 14%, to $280.05, in after-hours trading. It closed the regular trading session at $246.72, down nearly 40% for the year.The database-software company raised its view for the year after second-quarter results topped expectations. CEO Dev Ittcheria noted that the company experienced better-than-consumption trends for Atlas, a managed multi-cloud database-as-a-service offering, in the quarter. In May, the company warned that it expected a slower-than-expected start to the year for the product.MongoDB's guidance for the third-quarter also came in above Wall Street expectations, according to FactSet.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4585":"ETF&股票定投概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","MDB":"MongoDB Inc.","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","BK4116":"互联网服务与基础架构","BK4588":"碎股","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H"},"translate_title":"MongoDB股价因全年观点增加而上涨13%","themeId":"c0d77e622a6742cf8335299f8317b4b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MDB":0.9},"content_text":"Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.The stock rose 13%, to $278.2, in after-hours trading. It closed the regular trading session at $246.72, down nearly 40% for the year.The database-software company raised its view for the year after second-quarter results topped expectations. CEO Dev Ittcheria noted that the company experienced better-than-consumption trends for Atlas, a managed multi-cloud database-as-a-service offering, in the quarter. In May, the company warned that it expected a slower-than-expected start to the year for the product.MongoDB's guidance for the third-quarter also came in above Wall Street expectations, according to FactSet.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":343843021050072,"gmtCreate":1724975632833,"gmtModify":1724975634714,"author":{"id":"3555362771681553","authorId":"3555362771681553","name":"nywles","avatar":"https://static.tigerbbs.com/a7e6473ec2cec348d167d7d95fbdb76c","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3555362771681553","authorIdStr":"3555362771681553"},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343843021050072","repostId":2463921533,"repostType":2,"repost":{"id":"2463921533","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1724974750,"share":"https://ttm.financial/m/news/2463921533?lang=&edition=fundamental","pubTime":"2024-08-30 07:39","market":"sg","language":"en","title":"MongoDB Shares Leap 13% on Increased View for Full Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2463921533","media":"Dow Jones","summary":"Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.The stock rose 14%, to $280.05, in after-hours trading. It closed the regular trading session at $246.72, down nearly 40% for the year.The database-software company raised its view for the year after second-quarter results topped expectations. CEO Dev Ittcheria noted that the company experienced better-than-consumption trends for Atlas, a managed multi-cloud database-as-a-service offering, in the quarter. In May, the company warned that it expected a slower-than-expected start to the year for the product.MongoDB's guidance for the third-quarter also came in above Wall Street expectations, according to FactSet.","content":"<html><head></head><body><p>Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.</p><p>The stock rose 13%, to $278.2, in after-hours trading. It closed the regular trading session at $246.72, down nearly 40% for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/425866c14263e9f1f99da316efcf4ad7\" tg-width=\"787\" tg-height=\"832\"/></p><p>The database-software company raised its view for the year after second-quarter results topped expectations. CEO Dev Ittcheria noted that the company experienced better-than-consumption trends for Atlas, a managed multi-cloud database-as-a-service offering, in the quarter. In May, the company warned that it expected a slower-than-expected start to the year for the product.</p><p>MongoDB&#39;s guidance for the third-quarter also came in above Wall Street expectations, according to FactSet.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MongoDB Shares Leap 13% on Increased View for Full Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMongoDB Shares Leap 13% on Increased View for Full Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-08-30 07:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.</p><p>The stock rose 13%, to $278.2, in after-hours trading. It closed the regular trading session at $246.72, down nearly 40% for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/425866c14263e9f1f99da316efcf4ad7\" tg-width=\"787\" tg-height=\"832\"/></p><p>The database-software company raised its view for the year after second-quarter results topped expectations. CEO Dev Ittcheria noted that the company experienced better-than-consumption trends for Atlas, a managed multi-cloud database-as-a-service offering, in the quarter. In May, the company warned that it expected a slower-than-expected start to the year for the product.</p><p>MongoDB&#39;s guidance for the third-quarter also came in above Wall Street expectations, according to FactSet.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4585":"ETF&股票定投概念","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","MDB":"MongoDB Inc.","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","BK4116":"互联网服务与基础架构","BK4588":"碎股","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2463921533","content_text":"Shares of MongoDB jumped in late trading after the company raised its outlook for the year on a rebound for its key Atlas product.The stock rose 13%, to $278.2, in after-hours trading. It closed the regular trading session at $246.72, down nearly 40% for the year.The database-software company raised its view for the year after second-quarter results topped expectations. CEO Dev Ittcheria noted that the company experienced better-than-consumption trends for Atlas, a managed multi-cloud database-as-a-service offering, in the quarter. In May, the company warned that it expected a slower-than-expected start to the year for the product.MongoDB's guidance for the third-quarter also came in above Wall Street expectations, according to FactSet.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2463921533"}