GitLab (GTLB) Drops 10.2% After Hours, Wiping ~$900M in Market Value
As seen on the 24/7 Wall St. homepage on September 2, 2026.
A 10.2% slide to $49.59 in after-hours trading takes roughly $900 million off an $8.3 billion company in one session. Moves this size rarely settle by the next open, so keep an eye on where it lands.
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GitLab is trading at $49.59 after hours, a roughly 10.2% single-session move that erases about $900 million in market value.
The slide came as steady pressure rather than one sharp spike, with the stock grinding lower and settling into a tight band just below $50 late in the after-hours window.
Thin after-hours liquidity amplifies swings in both directions, so the $49.59 level is not necessarily where the stock opens the following morning. The gap from the regular-session close is wide enough to matter.
A 10%-plus after-hours move on a stock of this profile draws both bargain hunters and momentum sellers, which makes the next regular session's first hour the most informative read on which camp has the upper hand.
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Mentioned: GTLB