Gitlab Inc (GTLB)

$ 45.18
   
  • Change Today:
    $1.00
  • 52 Week High: $72.18
  • 52 Week Low: $38.82
  • Currency: US Dollars
  • Volume: 4,786,631

GitLab said to be exploring sale, shares surge

By Michele Maatouk

Date: Wednesday 17 Jul 2024

LONDON (ShareCast) - (Sharecast News) - GitLab surged on Wednesday following a report it is exploring a sale after attracting acquisition interest.
Reuters cited people familiar with the matter as saying that the US provider of cloud-based software development tools is working with investment bankers on a sale process that has attracted interest from peers, including cloud monitoring firm Datadog.

GitLab's, whose investors include Google parent Alphabet, has a market value of about $8bn.

Any deal is still weeks away and no agreement is certain, sources told Reuters.

At 1500 BST, the shares were up 10% at $55.68.

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Gitlab Inc Market Data

Currency US Dollars
Share Price $ 45.18
Change Today $ 1.00
% Change 2.26 %
52 Week High $72.18
52 Week Low $38.82
Volume 4,786,631

Trades for 22-Aug-2025

Time Volume / Share Price
16:00 163,520 @ $45.18
15:59 100 @ $45.16
15:59 100 @ $45.17
15:59 841 @ $45.16
15:59 100 @ $45.16

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