Want a piece of GitLab? It's going to cost you: IPO price per share settles at $77

Posted by Scott_Ruecker on Oct 15, 2021 4:16 AM EDT
The Register; By Richard Speed
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The one-stop shop approach by DevOps darling GitLab appears to have attracted an Initial Public Offering price of $77, giving the loss-making biz a potential valuation of $11bn. GitLab finally filed for an IPO in September and this week upped the estimated price per share to between $66 and $69. The eventual price has turned out to be $77, well above the initial $55 to $60 first estimated.

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