MongoDB Inc (NASDAQ:MDB) shares are surging in Wednesday’s after-hours session, in sympathy with Snowflake Inc (NYSE:SNOW), after the company posted strong results for the first quarter.
MongoDB stock is showing exceptional strength. What’s fueling MDB momentum?
Something went wrong.
What Happened With SNOW?
Snowflake beat estimates on the top and bottom lines in the first quarter, posting revenue of $1.39 billion versus estimates of $1.32 billion, and adjusted earnings per share of 39 cents versus estimates of 32 cents.
