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Why GitLab Stock Was Soaring Today

TheMotleyFool

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Why GitLab Stock Was Soaring TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/8b396c5d-cf01-4937-89c4-91ad2f28f1ee.png

Shares of GitLab (NASDAQ: GTLB) were soaring today after the DevOps cloud software specialist posted strong results in its fiscal 2025 second-quarter earnings report, beating estimates on the top and bottom lines.

As of 12:17 p.m. ET, the stock was up 17% on the news.

Image source: Getty Images.

Source Fool.com

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