Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why GitLab Stock Was Soaring Today

TheMotleyFool

0 0

Why GitLab Stock Was Soaring Today: https://g.foolcdn.com/editorial/images/735299/coding-analysis-software-engineer-programming.jpg

Shares of GitLab (NASDAQ: GTLB) were rocketing higher today after the development, security, and operations (DevSecOps) software platform posted better-than-expected results in its first-quarter earnings report last night.

As of 12:19 p.m. ET, the stock was up 31.4%.

GitLab, which provides cloud-based software that helps companies develop and deploy software, said that revenue in the quarter jumped 45% to $126.9 million, beating estimates at $117.8 million.

Source Fool.com

Like: 0

GTLB

Share