Mongo DB (MDB) is long from $24. It is trading at $81.06 as of this writing but has traded as high as $83.14 today. MDB produces a new generation of database software.
Buyout Speculation
Ever since IBM decided to pay $190 cash for Red Hat (RHT), buyout speculation on MDB has heated up and there are more rumors today.
RHT is in The Arora Report Model Portfolio from $43.14 and subscribers will have 340% gain if they hold it to the closing. Today 142 of The Arora Report portfolio companies have been bought out producing large gains for subscribers.