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Why GitLab Stock Popped Today

TheMotleyFool

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Why GitLab Stock Popped Today: https://g.foolcdn.com/editorial/images/699843/diverse-business-team-data-servers-it.jpg

Shares of GitLab (NASDAQ: GTLB) jumped today after the DevOps software company posted strong second-quarter results and raised guidance at a time when many of its peers are taking a more conservative approach.

The stock finished the day up 14.3%.

Revenue in the quarter jumped 74% to $101 million, which easily beat estimates at $94 million.

Source Fool.com

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