$1000 Invested In MongoDB 5 Years Ago Would Be Worth This Much Today

MongoDB MDB has outperformed the market over the past 5 years by 24.81% on an annualized basis producing an average annual return of 38.7%. Currently, MongoDB has a market capitalization of $29.52 billion.

Buying $1000 In MDB: If an investor had bought $1000 of MDB stock 5 years ago, it would be worth $5,697.97 today based on a price of $409.00 for MDB at the time of writing.

MongoDB's Performance Over Last 5 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.