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Located in San Francisco, Gitlab Inc. (GTLB) is a software development company offering the DevOps platform - an enterprise software application that allows for faster cycle time, leading to improved visibility and control over the different stages of the DevOps lifecycle. GitLab’s centralized platform allows users across various teams to work in a collaborative and efficient manner. Founded in 2011, Gitlab operates in the U.S., the Asia Pacific, and Europe.
Gitlab’s stock has been a laggard so far in 2024, down 15% on a YTD basis. However, the shares have notched a standout gain of 63.3% over the past 52 weeks.