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GitLab Stock Down 60% From Highs as Investor Sells 61,700 Shares — Is the Pullback a Buying Opportunity?
The Motley Fool· 2025-11-30 21:44
One fund just cut its GitLab stake even as the company posts rising margins and accelerating growth—here’s what long-term investors should watch now.On November 14, Connecticut-based Stadium Capital Management disclosed a sale of 61,700 GitLab shares in the third quarter.What HappenedAccording to a Securities and Exchange Commission (SEC) filing dated November 14, Stadium Capital Management sold 61,700 shares of GitLab (GTLB +1.21%) during the third quarter. The transaction contributed to the position's val ...