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MongoDB Surges Over 22% on Strong Earnings as 20 Stocks Make Big Premarket Moves

MarketDash Editorial Team
6 days ago
MongoDB shares soared more than 22% in premarket trading after crushing earnings expectations and raising guidance. Meanwhile, a diverse group of stocks saw dramatic swings, with gains exceeding 60% and losses approaching 40% across various sectors.

MongoDB Inc. (MDB) had quite the morning. Shares of the database platform company rocketed more than 22% higher in premarket trading, and the reason is pretty straightforward: the company absolutely crushed its quarterly earnings report.

MongoDB delivered third-quarter revenue of $628.31 million, sailing past analyst expectations of $591.52 million. But the real surprise came on the bottom line, where the company posted adjusted earnings of $1.32 per share. Analysts had been expecting just 80 cents per share. That's not a modest beat; that's the kind of surprise that makes portfolio managers spit out their morning coffee.

The data platform company also sweetened the deal by raising its fiscal 2026 guidance above what Wall Street had been anticipating. Shares jumped 22.8% to $404.00 in premarket action as investors digested the strong performance.

But MongoDB wasn't the only stock making waves before the opening bell. A diverse collection of companies saw significant price swings, some riding momentum from Monday's session and others reversing course entirely.

The Big Winners

Taoping Inc. (TAOP) led the gainers with a jaw-dropping 64.5% surge to $3.52. The catalyst? The company signed a supplemental agreement to acquire 100% of a target company for roughly $21.36 million. Acquisition announcements can do that to a stock price, especially when investors see strategic value in the deal.

Fitell Corp (FTEL) continued its winning streak, surging 37.6% to $1.65 in premarket trading. The company had already jumped 41% on Monday after announcing a $3 million share repurchase program, and the momentum carried into Tuesday's session.

Mobile-Health Network Solutions (MNDR) bounced back sharply, rising 22.7% to $2.27 after getting hammered with a 30% decline on Monday. These kinds of reversals aren't uncommon in volatile small-cap stocks.

Cantor Equity Partners Inc. (CEP) gained 19.5% to $13.40, also recovering from a rough Monday that saw shares dip 22%.

Credo Technology Group Holding Ltd (CRDO) jumped 18% to $201.87 after reporting strong second-quarter financial results and issuing robust third-quarter sales guidance. When you beat expectations and then tell investors the good times are continuing, this is what happens.

Beyond Meat Inc. (BYND) rose 12.5% to $1.51, building on Monday's impressive 36% gain. The plant-based meat company has been on quite a rollercoaster lately.

Nomadar Corp (NOMA) climbed 11.1% to $9.55, though no specific catalyst was immediately apparent for the move.

Meihua International Medical Tech Co Ltd (MHUA) added 8.1% to $14.70, extending Monday's 14% gain.

Cardiol Therapeutics Inc. (CRDL) shares popped 5.5% to $1.00, recovering from a roughly 10% decline the previous day.

The Biggest Losers

On the flip side, Janux Therapeutics Inc. (JANX) took the worst beating, tumbling 39.3% to $20.65. The biotech company announced updated interim data for its JANX007 program, and investors clearly didn't like what they saw. Clinical trial updates can make or break biotech stocks, and this was definitely a breaker.

YXT.Com Group Holding Ltd - ADR (YXT) declined 18.1% to $0.68, giving back a chunk of Monday's 29% gain. What goes up fast can come down fast, especially in thinly traded stocks.

American Bitcoin Corp (ABTC) fell 17% to $2.97, continuing Monday's downward slide of more than 15%. Crypto-related stocks have been particularly volatile lately.

Coincheck Group NV (CNCK) dipped 16.2% to $6.60 after an absolutely wild Monday session that saw shares skyrocket 143%. Profit-taking after massive single-day gains is pretty much textbook market behavior.

Zenta Group Co Ltd (ZGM) shares fell 15.3% to $2.41, reversing Monday's 14% gain.

Ambitions Enterprise Management Co LLC (AHMA) dropped 13.8% to $12.36. The company had surged an eye-popping 198% on Monday, so some pullback was almost inevitable.

SMX (Security Matters) PLC (SMX) declined 13.6% to $33.68 after already falling 36% on Monday. That's two consecutive rough sessions for the security technology company.

Tian Ruixiang Holdings Ltd (TIRX) fell 13.2% to $0.91, giving back more than Monday's 16% surge.

Paranovus Entertainment Technology Ltd (PAVS) slipped another 12.1% to $0.069 after cratering more than 92% on Monday. When you're already down that much, the absolute price moves start getting pretty small.

Twin Vee Powercats Co (VEEE) rounded out the losers with a 10.2% decline to $2.41 in premarket trading.

The premarket session offered a preview of what could be another volatile trading day, with everything from database software to biotech to crypto-adjacent plays making significant moves. MongoDB's stellar earnings performance set the tone at the top, but across the market, dozens of stocks were writing their own stories before most investors had even finished their first cup of coffee.

Back to News

MongoDB Surges Over 22% on Strong Earnings as 20 Stocks Make Big Premarket Moves

MarketDash Editorial Team
6 days ago
MongoDB shares soared more than 22% in premarket trading after crushing earnings expectations and raising guidance. Meanwhile, a diverse group of stocks saw dramatic swings, with gains exceeding 60% and losses approaching 40% across various sectors.

MongoDB Inc. (MDB) had quite the morning. Shares of the database platform company rocketed more than 22% higher in premarket trading, and the reason is pretty straightforward: the company absolutely crushed its quarterly earnings report.

MongoDB delivered third-quarter revenue of $628.31 million, sailing past analyst expectations of $591.52 million. But the real surprise came on the bottom line, where the company posted adjusted earnings of $1.32 per share. Analysts had been expecting just 80 cents per share. That's not a modest beat; that's the kind of surprise that makes portfolio managers spit out their morning coffee.

The data platform company also sweetened the deal by raising its fiscal 2026 guidance above what Wall Street had been anticipating. Shares jumped 22.8% to $404.00 in premarket action as investors digested the strong performance.

But MongoDB wasn't the only stock making waves before the opening bell. A diverse collection of companies saw significant price swings, some riding momentum from Monday's session and others reversing course entirely.

The Big Winners

Taoping Inc. (TAOP) led the gainers with a jaw-dropping 64.5% surge to $3.52. The catalyst? The company signed a supplemental agreement to acquire 100% of a target company for roughly $21.36 million. Acquisition announcements can do that to a stock price, especially when investors see strategic value in the deal.

Fitell Corp (FTEL) continued its winning streak, surging 37.6% to $1.65 in premarket trading. The company had already jumped 41% on Monday after announcing a $3 million share repurchase program, and the momentum carried into Tuesday's session.

Mobile-Health Network Solutions (MNDR) bounced back sharply, rising 22.7% to $2.27 after getting hammered with a 30% decline on Monday. These kinds of reversals aren't uncommon in volatile small-cap stocks.

Cantor Equity Partners Inc. (CEP) gained 19.5% to $13.40, also recovering from a rough Monday that saw shares dip 22%.

Credo Technology Group Holding Ltd (CRDO) jumped 18% to $201.87 after reporting strong second-quarter financial results and issuing robust third-quarter sales guidance. When you beat expectations and then tell investors the good times are continuing, this is what happens.

Beyond Meat Inc. (BYND) rose 12.5% to $1.51, building on Monday's impressive 36% gain. The plant-based meat company has been on quite a rollercoaster lately.

Nomadar Corp (NOMA) climbed 11.1% to $9.55, though no specific catalyst was immediately apparent for the move.

Meihua International Medical Tech Co Ltd (MHUA) added 8.1% to $14.70, extending Monday's 14% gain.

Cardiol Therapeutics Inc. (CRDL) shares popped 5.5% to $1.00, recovering from a roughly 10% decline the previous day.

The Biggest Losers

On the flip side, Janux Therapeutics Inc. (JANX) took the worst beating, tumbling 39.3% to $20.65. The biotech company announced updated interim data for its JANX007 program, and investors clearly didn't like what they saw. Clinical trial updates can make or break biotech stocks, and this was definitely a breaker.

YXT.Com Group Holding Ltd - ADR (YXT) declined 18.1% to $0.68, giving back a chunk of Monday's 29% gain. What goes up fast can come down fast, especially in thinly traded stocks.

American Bitcoin Corp (ABTC) fell 17% to $2.97, continuing Monday's downward slide of more than 15%. Crypto-related stocks have been particularly volatile lately.

Coincheck Group NV (CNCK) dipped 16.2% to $6.60 after an absolutely wild Monday session that saw shares skyrocket 143%. Profit-taking after massive single-day gains is pretty much textbook market behavior.

Zenta Group Co Ltd (ZGM) shares fell 15.3% to $2.41, reversing Monday's 14% gain.

Ambitions Enterprise Management Co LLC (AHMA) dropped 13.8% to $12.36. The company had surged an eye-popping 198% on Monday, so some pullback was almost inevitable.

SMX (Security Matters) PLC (SMX) declined 13.6% to $33.68 after already falling 36% on Monday. That's two consecutive rough sessions for the security technology company.

Tian Ruixiang Holdings Ltd (TIRX) fell 13.2% to $0.91, giving back more than Monday's 16% surge.

Paranovus Entertainment Technology Ltd (PAVS) slipped another 12.1% to $0.069 after cratering more than 92% on Monday. When you're already down that much, the absolute price moves start getting pretty small.

Twin Vee Powercats Co (VEEE) rounded out the losers with a 10.2% decline to $2.41 in premarket trading.

The premarket session offered a preview of what could be another volatile trading day, with everything from database software to biotech to crypto-adjacent plays making significant moves. MongoDB's stellar earnings performance set the tone at the top, but across the market, dozens of stocks were writing their own stories before most investors had even finished their first cup of coffee.