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Why GitLab Stock Jumped Nearly 4% Higher on Thursday
A new analyst note was the wind under the wings of GitLab (NASDAQ: GTLB) stock on Thursday. Shares of the software development and cybersecurity solutions provider ticked almost 4% higher on the day as a result. This rise was several orders of magnitude better than the S&P 500 index's sub-1% increase.The person behind the fresh analysis was William Blair's Jason Ader. In his newest GitLab note, Ader reiterated his confident outperform (read: buy) recommendation on the company's shares.Image source: Getty Images.Continue reading
A new analyst note was the wind under the wings of GitLab (NASDAQ: GTLB) stock on Thursday. Shares of the software development and cybersecurity solutions provider ticked almost 4% higher on the day as a result. This rise was several orders of magnitude better than the S&P 500 index's sub-1% increase.
The person behind the fresh analysis was William Blair's Jason Ader. In his newest GitLab note, Ader reiterated his confident outperform (read: buy) recommendation on the company's shares.
Image source: Getty Images.
