GitLab Stock Soars 11% on Datadog Takeover Rumors Amid AI DevOps Boom
GitLab Shares Surge on Takeover Speculation GitLab Inc. (NASDAQ: GTLB) rocketed higher on Thursday amid renewed buyout speculation. The stock surged 10.6% intraday – rising from the mid-$40s to close at $48.27 – after a report that cloud-monitoring firm Datadog (DDOG) may be preparing a takeover bid seekingalpha.com. The rumored offer price, over $60 per share, represents a substantial premium. Traders responded enthusiastically to the prospect: GitLab’s nearly 11% one-day jump far outpaced the broader market, and trading volume exploded to ~19 million shares, about seven times its recent daily average stockanalysis.com stockanalysis.com. The Datadog-GitLab chatter first surfaced via a
