MongoDB skyrockets 33% on its first day of trading (MDB)

Mongo DB jumped more than 30% on its first day of trading.
The company isn't profitable but is working on improving that.
 
MongoDB, a database provider, jumped on its first day of trading.
Shares closed up more than 33% on the day of its initial public offering. The company priced its IPO at $24 a share, which was higher than the expected range of $20 to $22. It closed the day at $32.07.
The company offered 8 million shares in its IPO and raised $192 million, valuing the company