Gitlab (GTLB) Jumps 10% on DataDog Acquisition Buzz

Core Viewpoint - GitLab Inc. (NASDAQ:GTLB) has seen a significant increase in share prices, rising by 10.6% to $48.27, driven by acquisition interest from DataDog Inc. [1][2] Company Performance - GitLab's share price surged due to reports of a potential acquisition by DataDog, with an offer price speculated to be around $60 per share [2] - The company currently has 50 million registered users and claims that over 50% of Fortune 100 companies utilize its platform for software security [4] Company Overview - GitLab is an AI-powered Development, Security, and Operations platform that enhances developer productivity, operational efficiency, and reduces security risks [3]