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Benzinga
Benzinga
Business
Evette Mitkov

GitLab Stock Falls After Q3 Results And Q4 Guidance Misses Midpoint, Rosenblatt Cuts Target To $55

GitLab Rosenblatt GTLB
Spokane,,Wa - usa,-,December,2019:,Gitlab,App,Is,Open,On

GitLab Inc (NASDAQ:GTLB) shares moved lower on Wednesday after the company released its third-quarter results and issued fourth-quarter sales guidance that came in slightly below analyst expectations. Additionally, Rosenblatt cut its price target on the stock to $55 from $58.

GTLB shares are near support zones. View the charts here.

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