GitLab Stock Is AI-Powered Reversal
GitLab stock is up more than 28% in early Tuesday trading
There’s a good chance a move like that these days by a software stock is down to one thing—AI.
The company certainly played up its AI credentials when it reported fiscal first-
quarter earnings late Monday, and investors clearly liked what they heard.
GitLab is a DevSecOps platform, which helps companies develop, secure, and operate software.
CEO Sid Sijbrandij said it is positioned as the leading AI-
powered DevSecOps as management outlined the opportunities ahead.
Against a backdrop of macroeconomic uncertainty, customers are looking to our AI-
powered DevSecOps platform to drive efficiencies, increase productivity,