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MongoDB prices IPO at $24, above the upwardly revised range

October 18, 2017
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MongoDB, which provides enterprises with an open source NoSQL database platform, raised $192 million by offering 8 million shares at $24, above the upwardly revised range of $20 to $22. The company originally planned to offer shares at $18 to $20. MongoDB plans to list on the Nasdaq under the symbol MDB. Morgan Stanley, Goldman Sachs, Barclays and Allen & Company acted as lead managers on the deal.