MDB is trading at $381.49 (+6.6%) as it extends gains following a Goldman Sachs note addressing AI disruption concerns and a broader recovery in tech stocks.
- The stock continues to benefit from recent analyst upgrades from BofA and Truist, alongside positive sentiment surrounding the company's recent AI tool announcements.
- Upward momentum aligns with a 0.9% rise in the Nasdaq yesterday, driven by a sustained investor focus on enterprise AI spending.