GitLab stock plunges more than 30% after missing revenue forecast

Photo of author


GitLab Inc. in the extended session on Monday after the DevOps software company’s revenue forecast fell short of Wall Street consensus. Shares declined.

Shares of GitLab GTLB fell more than 30% after hours, closing at $44.60 after gaining 0.6% in the regular session.

The company forecast an adjusted first-quarter loss of 15 cents to 14 cents …

See also  Oil Costs At 7-Month Low However No Trade In Petrol, Diesel Costs In India