GitLab’s sharp selloff may be masking a stronger business built on improving margins, AI expansion, and a growing cash position.
GitLab (GTLB) took a hard hit on Tuesday, with shares falling nearly 15% after the company unveiled a major restructuring plan. The DevOps software maker said it will cut about 14% of its workforce, or roughly 350 roles, as it tries to tighten costs … [5350 chars]
Source: Barchart | Published: 2026-06-06T18:00:02Z
Credit: Barchart
