Why GitLab Stock Jumped Nearly 4% Higher on Thursday
From Nasdaq: 2025-06-26 18:28:00
Shares of GitLab (NASDAQ: GTLB) surged almost 4% on Thursday following a bullish analyst note from William Blair’s Jason Ader. The note reiterated a confident outperform recommendation for the company’s stock. This increase was significantly higher than the S&P 500 index’s rise of less than 1%. The surge was attributed to the release of GitLab 18, a new software package with over 30 improvements, including an AI-powered Duo Agent Platform. Investors are excited about GitLab’s embrace of AI technology, driving the stock’s growth.
While GitLab saw a significant increase in its stock price, investors are encouraged to consider other investment options as the Motley Fool Stock Advisor team did not include GitLab in their list of the 10 best stocks to buy right now. The team identified stocks that could potentially provide substantial returns in the future based on historical performance. It’s worth noting that the Stock Advisor’s total average return is 818%, significantly outperforming the S&P 500. Investors are advised to explore other investment opportunities for potential growth.
Read more at Nasdaq: Why GitLab Stock Jumped Nearly 4% Higher on Thursday