Reported 3 days ago
GitLab Inc. (NASDAQ:GTLB) saw a significant increase in its stock price, rising by 10.6% to $48.27, following reports of a potential acquisition by DataDog Inc. The news suggested that DataDog, in collaboration with Morgan Stanley, is considering an offer around $60 per share for GitLab, which has been a target for acquisition interest since July 2024. Despite these developments, neither company has confirmed the acquisition talks.
Source: YAHOO