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GitLab prices IPO at $77 a share, for $11 billion valuation

GitLab Inc. priced its initial public offering late Wednesday at $77 a share, well above its already elevated range, going into its first day of trading on Thursday.

The all-remote software company specializes in so-called DevOps software, which allows software developers and operators to collaborate on projects to provide faster and more relevant software updates to their internal systems on a near-constant basis.

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