GitLab Inc. (GTLB) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for ...

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GitLab Inc. (“GitLab” or “the Company”) (NASDAQ: GTLB). Investors who purchased GitLab securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/GTLB.

Investigation Details:

On or around October 14, 2021, Gitlab conducted its initial public offering, selling 10.4 million shares priced at $77.00 per share. Then, on March 4, 2024, Gitlab issued a press release reporting its fourth quarter and full fiscal year 2024 financial results, as well as issuing guidance for fiscal year 2025. For 2025, Gitlab said that it expects adjusted earnings per share ranging from $0.19 to $0.23, compared to analyst expectations of $0.37, with revenue ranging between $725 million and $731 million, compared to analyst expectations of $732.2 million. On this news, Gitlab’s stock price fell sharply during intraday trading on March 5, 2024.

What’s Next?

If you are aware of any facts relating to this investigation or purchased GitLab securities, you can assist this investigation by visiting the firm’s site: bgandg.com/GTLB. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.