Why GitLab Stock Plummeted 24.8% Last Month and Has Kept Falling in March
Source: Motley Fool
2026-03-09 19:53:24 ET
GitLab (NASDAQ: GTLB) stock got hit with a precipitous sell-off in February. The company's share price sank 24.8% in the period's trading. The S&P 500 declined 0.9% over the stretch , and the Nasdaq Composite 's level fell by 3.4%.
There wasn't any major business-specific news that pushed GitLab's valuation lower last month, but the stock fell in conjunction with a broader-market pivot away from software stocks. Some hotter-than-anticipated inflation data at the end of the month also dragged the company's share price lower.
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GitLab Inc.
NASDAQ: GTLB
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March 09, 2026 07:53:24 pm
Why GitLab Stock Plummeted 24.8% Last Month and Has Kept Falling in March
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$5,313,020,000
159,491,640
9.48%
146
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Software & IT Services
Technology
US
