GTLB News and Press, GitLab Inc. From 10/27/22

Summary GitLab went public in October 2021, raising approximately $801 million in a U.S. IPO. The firm provides a platform for organization to manage their cloud IT system deployment and operations. GTLB's topline revenue growth is starting to slow, it is producing increasing ...

Growth stock investors have largely been punished this year. High-priced stocks have fallen sharply as interest rates have risen and fears of a recession have swept the market. But the pullback in growth stocks also creates a buying opportunity, and some of these stocks could delive...

DETROIT, Oct. 25, 2022 (GLOBE NEWSWIRE) -- All Remote -- Today at KubeCon + CloudNativeCon North America, GitLab Inc ., provider of The One DevOps Platform, announced enhancements to its Security and Governance solution which enables organizations to integrate security and complianc...

SAN FRANCISCO, Calif., Oct. 11, 2022 (GLOBE NEWSWIRE) -- ALL REMOTE – Today, at Google Cloud Next , GitLab Inc. , the provider of The One DevOps Platform, announced the launch of Cloud Seed in partnership with Google Cloud. Cloud Seed is a new capability within GitLab...

SAN FRANCISCO, Oct. 05, 2022 (GLOBE NEWSWIRE) -- All-Remote – Today, GitLab Inc. (NASDAQ: GTLB), provider of The One DevOps Platform, introduced TeamOps , a results-focused management discipline, bringing precision and operation to how people work together. TeamOps ...

Summary Philippe Laffont’s 13F portfolio value decreased from $13.67B to $8.26B this quarter. They increased Amazon.com, JD.com, Enphase Energy, Alibaba Group Holdings, and Lucid Group while reducing Rivian Automotive, Visa, Snowflake, Sea Ltd., DoorDash, Nvidia, and Roblox...

Summary The past decade has been a good one for unprofitable software companies. Tighter money is putting an end to the party, but there is a lot of downsides still left. Guidewire’s buyback will deplete its cash balance and destroy value. Introduction ...

You don't have to look hard to find trouble in the cloud software sector these days. Nearly every software-as-a-service (SaaS) stock is down substantially from its peak last year, and many industry executives have said they are starting to see macro headwinds such as slowing growth and leng...

It's been a tough year for growth stocks. Rising interest rates and a shift in consumer spending have thrown cold water on a number of high-growth names. At the same time, valuations broadly have come down and businesses' growth rates have slowed. However, that doesn't mean investor...

Summary The past decade has been a good one for unprofitable growth companies. Tighter money is putting an end to the party, but there is a lot of downside still left. I expect GitLab to lose more than half of its value over time. Introduction Are you getting...