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Why GitLab Stock Popped Today

TheMotleyFool

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Why GitLab Stock Popped TodayPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

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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