Should You Hold on to GTLB Stock Despite Its 27% Dip in YTD?
GitLab (GTLB) shares have lost 27.1% year to date, underperforming the broader Zacks Computer & Technology sector’s 21% decline and the Zacks Internet Software industry’s 18.3% drop.GitLab’s recent share price decline reflects intensifying competition in the AI-driven code generation space, particularly from Microsoft's (MSFT) leading code repository platform, GitHub. With its vast developer base, GitHub has gained significant traction through GitHub Copilot, an AI-powered coding assistant developed in coll ...