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Benzinga
Benzinga
Business
Avi Kapoor

Why MongoDB Shares Are Trading Higher By 31%; Here Are 20 Stocks Moving Premarket

MongoDB MDB
Earnings Beat Expectations

Shares of MongoDB, Inc. (NASDAQ:MDB) rose sharply in pre-market trading after the company posted better-than-expected second-quarter results after the closing bell on Tuesday.

The company also raised its fiscal 2026 adjusted EPS guidance to between $3.64 and $3.73, versus the $3.10 analyst estimate. MongoDB raised its fiscal 2026 revenue outlook to between $2.34 billion and $2.36 billion, versus the $2.29 billion estimate.

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