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2024-03-05 12:18:53 ET
Shares of GitLab (NASDAQ: GTLB) were falling today after the cloud software company posted solid results in its fourth-quarter earnings report, but issued disappointing guidance, which can be a kiss of death for a high-priced stock like the DevOps specialist.
As a result, shares were down 18.8% as of 11:08 a.m. ET.
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Why GitLab Stock Was Tumbling TodayNews, Short Squeeze, Breakout and More Instantly...
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