GitLab stock soars more than 15% as results, outlook top Street view

GitLab Inc. shares rallied in the extended session Monday after the DevOps software company’s quarterly results and forecast surpassed Wall Street expectations.

GitLab
GTLB,
-7.12%

shares rallied more than 15% after hours, following a 7.1% decline in the regular session to close at $38.33.

The company reported a third-quarter loss of $48.5 million, or 33 cents a share, compared with a loss of $41.2 million, or 62 cents a share,…

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