GTLB Stock Alert: GitLab Pops 15% on Sale Rumors

GitLab is expected to open at nearly $57 per share, with a market capitalization of over $9 billion. Datadog was down 4.5% overnight and expected to open at $124 per share, with a market cap of $41.5 billion. Datadog is up 16% in 2024 as the software industry consolidates. Some analysts see GitLab's observability platform as a good fit within Datadog. Mizuho Securities recently initiated coverage of Datadog with a "buy" rating. GTLB Stock: What Happens Next? On the date of publication, the responsible edito ...