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home / news releases / GTLB - Hot Stocks: TSLA raises prices; GDRX upgrade; GTLB rallies on earnings; EVLV drops

GTLB - Hot Stocks: TSLA raises prices; GDRX upgrade; GTLB rallies on earnings; EVLV drops

GitLab Inc.
With inflation remaining a key concern on Wall Street, Tesla (NASDAQ:TSLA) took the spotlight in Tuesday's midday trading. Shares of Elon Musk's electric vehicle maker climbed on news that it had decided to raise prices. GoodRx (NASDAQ:GDRX) also got a lift in intraday action, boosted by a bullish analyst comment. At the same time, earnings news generated buying interest for GitLab (NASDAQ:GTLB). The release of quarterly results had the opposite impact on Evolv Technology (NASDAQ:EVLV), which plunged after predicting a hefty loss for 2022. Gainers Tesla (TSLA) saw strength in intraday trading on news that it had raised prices to counteract the impact of higher costs. The EV maker increased its prices in the U.S. and China by 5% to 10%. Bolstered by the news, TSLA advanced more than 4%. Elsewhere, GitLab (GTLB) posted a midday gain of 8% following the release of its quarterly results. The DevOps software provider posted

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Hot Stocks: TSLA raises prices; GDRX upgrade; GTLB rallies on earnings; EVLV drops
Stock Information
Company Name: GitLab Inc.
Stock Symbol: GTLB
Market: NASDAQ
Website: about.gitlab.com
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