Please Upload related files below
Fill in below.
Tell us the stocks you own using Snaptrade, and we will keep you informed about class action litigation related to your stocks. We monitor critical case developments that may affect the price of your shares and your possible monetary recovery. Snaptrade only shares the tickers you own and your transaction history, not your account numbers. Using Snaptrade and participating in our monitoring service is free and does not create any attorney-client relationship or obligation on your part.
Don’t miss out on possible monetary recovery- link your account with Snaptrade.
On March 4, 2024, GitLab announced 4Q24 financial results that beat consensus estimates. The Company also updated its guidance for 1Q and full-year 2025 that was below expectations. Management attributed the weaker guidance to costs involving a company-wide summit and joint venture in China. Analysts noted the weaker outlook is “somewhat perplexing” given management’s comments that the Company’s guidance “incorporates less conservatism versus prior years.”
Following this news, GitLab’s stock price fell by $15.63 per share, or approximately 21% to close at $58.84 per share.