OpenAI

GitLab Shares Tumble 7.13% as Soft Sales Forecast and OpenAI 'GitHub Clone' Rumors Spook Investors

GitLab

GitLab Shares Tumble 7.13% as Soft Sales Forecast and OpenAI 'GitHub Clone' Rumors Spook Investors

Shares of GitLab (NASDAQ: GTLB) plummeted 7.13% during Wednesday’s trading session, as a combination of conservative financial guidance and emerging competitive threats from the artificial intelligence sector rattled investor confidence. The sell-off followed the company’s fourth-quarter earnings report, which, despite beating some immediate estimates, provided a fiscal

By MarketMinute