GitLab started trading on the Nasdaq on Thursday, after raising close to $650 million in its IPO to try and fend off Microsoft's GitHub.
acquired GitHub in 2018 for $7.5 billion, and since that time GitLab has grown rapidly as the only big independent player in the market.
GitLab raised close to $650 million in the offering, and investors purchased over $150 million of additional stock from an entity affiliated with GitLab CEO Sid Sijbrandij.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Moderna Won’t Share Its COVID Vaccine FormulaModerna's chairman says the company will not share the formula for its COVID-19 vaccine with other companies despite calls from international organizations for the company to do so.
Consulte Mais informação »
Global growth outlook is darkening just as the next major U.S. inflation report is about to landRecord gas prices and shipping rates, along with supply constraints, could push Wednesday's CPI for September above consensus expectations and to the highest...
Consulte Mais informação »
U.S. consumers expect record-high inflation in the year ahead, but anticipate gas prices will fallOverall, consumers expect inflation to hover at 5.3% in the coming year, according to the September New York Fed Survey of Consumer Expectations.
Consulte Mais informação »
Czech power company Bohemia the latest price crisis casualtyBohemia Energy, one of the biggest electricity and gas suppliers in the Czech Republic, halted operations on Wednesday to become the largest group in the country to buckle under a Europe-wide jump in energy costs.
Consulte Mais informação »
Rising energy prices will squeeze company profits, says business consultantU.S. firms have a better chance at protecting their margins thanks to a 'very buoyant' consumer market, said Richard Martin, managing director of IMA Asia.
Consulte Mais informação »