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GitLab Priced, Nasdaq: GTLB

Provides software development and collaboration tools for programmers.

Industry: Technology

Latest Trade: $63.43 +0.44 (+0.7%)

First Day Return: +34.9%

Return from IPO: -18.2%

Industry: Technology

We believe in an innovative world powered by software. To realize this vision, we pioneered The DevOps Platform, a fundamentally new approach to DevOps consisting of a single codebase and interface with a unified data model. The DevOps Platform allows everyone to contribute to build better software rapidly, efficiently, and securely. Today, every industry, business, and function within a company is dependent on software. To remain competitive and survive, nearly all companies must digitally transform and become experts at building and delivering software. GitLab is The DevOps Platform, a single application that brings together development, operations, IT, security, and business teams to deliver desired business outcomes. Having all teams on a single application with a single interface represents a step change in how organizations plan, build, secure, and deliver software. The DevOps Platform accelerates our customers’ ability to create business value and innovate by reducing their software development cycle times from weeks to minutes. It removes the need for point tools and delivers enhanced operational efficiency by eliminating manual work, increasing productivity, and creating a culture of innovation and velocity.
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IPO Data
IPO File Date 09/17/2021
Offer Price $77.00
Price Range $66.00 - $69.00
Offer Shares (mm) 10.4
Deal Size ($mm) $801
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/13/2021
Offer Price $77.00
Price Range $66.00 - $69.00
Offer Shares (mm) 10.4
Deal Size ($mm) $801
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
J.P. Morgan
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Company Data
Headquarters San Francisco, CA, United States
Founded 2011
Employees at IPO 1,350
Website about.gitlab.com

GitLab (GTLB) Performance