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Google Buys More GitLab Stock -- What Investors Need to Know

Google Buys More GitLab Stock -- What Investors Need to Know

GitLab (NASDAQ: GTLB) is a wonderful case in point. Following a not-so-great quarterly earnings update -- and a cratering in stock price -- GitLab rallied in grandiose fashion. Two days after the update, Alphabet's (NASDAQ: GOOGL)(NASDAQ: GOOG) Google reported it was a buyer of GitLab stock.