An earnings beat and raised guidance helped Gitlab outperform a tough week for tech. Shares of software development platform Gitlab (GTLB -5.02%) rallied 17.8% for the week through Thursday trading, according to data from S&P Global Market Intelligence. The stock was down in Friday trading. Gitlab's software development platform is catching on big in the age of AI, which was reflected in its secondquarter results reported on Tuesday. A beat and raise across the board In its second quarter, Gitlab grew reven ...

MF3d/E+ via Getty Images Gitl.ab, Inc. (NASDAQ:GTLB) was a clear Al winner and the company responded with fantastic results. The DevSecOps leader is a clear beneficiary of Al boosting software development, leading to strong results, while other enterprise software companies struggle with the transition. My investment thesis remains Neutral on the stock following the big rally after the strong earnings report. finviz Fi GTLB DAILY Sep 6 0 55.75 H 56.03 SMA 2 SMA 50 SMA 200 t 国 E =1- Inteltab allibia Dis 2024 ...

LOS ANGELES, Sept. 6, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against GitLab Inc. ("GitLab" or "the Company") (NASDAQ: GTLB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between June 6, 2023 and March 4, 2024, inclusive (the "Class Period"), are encourag ...

NEW YORK, Sept. 6, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in GitLab Inc. ("GitLab" or the "Company") (NASDAQ: GTLB) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of GitLab investors who were adversely affected by alleged securities fraud between June 6, 2023 and March 4, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/gitlab-lawsuit-submission-form?prid=100414& ...

SAN DIEGO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all investors who purchased or otherwise acquired GitLab Inc. (NASDAQ: GTLB) securities between June 6, 2023 and March 4, 2024. GitLab is a global software company that designs and develops software solutions. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Git ...

SAN FRANCISCO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced it was named a Leader in the 2024 Gartner Magic Quadrant for DevOps Platforms1. The Magic Quadrant, which evaluated 11 vendors, recognized GitLab as a Leader based on "Completeness of Vision" and "Ability to Execute." GitLab is the only vendor to be named a Leader in both the 2024 Gartner Magic Quadrant for DevOps Platforms and the 2024 Gartner Magic Quadrant for ...

ATLANTA, Sept. 05, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against GitLab Inc. ("GitLab" or "the Company") (NASDAQ: GTLB). The lawsuit alleges that Defendants disseminated materially false and misleading statements and/or concealed material adverse facts concerning GitLab's ability to develop AI features that would generate code more efficiently and increase market demand for its DevSecOps platform. If you bought shares of GitLab between June 6, 2023 and March 4, 2024, and ...

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired GitLab Inc. ("GitLab" or the "Company") (NASDAQ: GTLB) securities between June 6, 2023 and March 4, 2024, inclusive (the "Class Period"). The lawsuit seeks to recover damages for the Company's investors under the federal securit ...

GitLab NASDAQ: GTLB shares wallowed over the summer, but those days are long behind it now that the Q2 results are in. The results show that AI-focused spending is shifting to applications development, where GitLab excels. It is the leading DevSecOps platform, providing an end-to-end solution for companies ramping up their software development programs. Its AI-powered tools improve development time, security, and outcomes; they were recently named a leader in AI assist in one of Gartner's newest Magic Quadr ...

NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of GitLab Inc. ("GitLab" or the "Company") (NASDAQ: GTLB) between June 6, 2023 and March 4, 2024, both dates inclusive. You are hereby notified that the class action lawsuit Dolly v. GitLab Inc., et al. (Case No. 3:24-cv-06244) has been commenced in the United States District Court for the Northern District of California. To ...