Published On Jul 17, 2024
GitLab $GTLB is reportedly exploring a sale, with Datadog $DDOG emerging as a potential buyer. This move comes after ten years of operation and a substantial investment from Alphabet $GOOG. With a valuation of $8 billion, GitLab could provide a lucrative exit for its investors while bolstering Datadog's position in the rapidly growing DevOps market. #UOA Unusual options activity in $GTLB further fuels speculation about a potential deal. Rebel's Edge 🏴☠️1pm @jonnajarian @AlexMascioli #ITSNOTANOPTION #TradingInsights #MergersAndAcquisitions #TechNews
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