Nasdaq Correction: You Won't Believe What Stock Is Near a 52-Week Low

The Nasdaq Composite's (NASDAQINDEX: ^IXIC) sell-off deepened Monday as investors' worries about the state of the U.S. economy pushed the index deeper into correction territory. But as Nasdaq stocks have fallen, some now look like bargains.One of these is tech giant MongoDB (NASDAQ: MDB). Its shares hit a 52-week low of $173.13 on March 10, and through that date, the stock is down 23% in 2025. MongoDB's plunge is a dramatic turnaround from the 52-week high of $387.19 reached last May. Wall Street's fears of economic doom from President Donald Trump's tariff plans is a factor in the stock's slump, but that's not the whole story.With shares hovering near a 52-week low, is now the time to scoop up MongoDB stock? Answering that question requires unpacking where the company is now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool