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Is MongoDB’s post-earnings drop a buy-the-dip trap?

2h

MongoDB did almost everything Wall Street asks of a growth company today. It beat estimates on both revenue and profit for its fiscal second quarter, and it raised its guidance for the full year. Then the stock fell more than 12% in after-hours trading. Revenue climbed 30% from a year earlier to $771.8 million, adjusted […]

The postIs MongoDB’s post-earnings drop a buy-the-dip trap?appeared first onRolling Out.

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