GitLab stock drops more than 30% as revenue forecast misses

GitLab Inc. shares plummeted in the extended session Monday after the DevOps software company’s revenue forecast fell short of the Wall Street consensus.

GitLab GTLB shares dropped more than 30% after hours, following a 0.6% gain in the regular session to close at $44.60.

The company forecast an adjusted first-quarter loss of 15 cents to 14…