GitLab jumps 35% in its Nasdaq debut after code-sharing company priced IPO above expected range
The stock opened closed at $103.89, pushing GitLab’s market cap to $14.9 billion
Microsoft 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
7.5 * 3.4 = $25B
