Gitlab soars more than 20% as it spotlights AI efforts, while Mobileye stock falls

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Gitlab soars more than 20% as it spotlights AI efforts, while Mobileye stock falls
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Gitlab, Mobileye and other stocks were among the most active ahead of Tuesday's market open.

GitLab Inc. GTLB shares surged 26% in premarket trading, following an earnings report that beat expectations and played up the software company’s efforts in artificial intelligence.GitLab Inc. GTLB shares surged 26% in premarket trading, following an earnings report that beat expectations and played up the software company’s efforts in artificial intelligence.

Sprinklr Inc. CXM rose 8% in premarket trading after the enterprise-cloud-software-products provider guided for higher-than-expected profit and revenue in its fiscal year. The company’s results beat analysts forecasts in the latest quarter.Shares of self-driving technology developer Mobileye Global Inc. MBLY are down more than 5% after the company said it was launching a secondary offering of 35 million of its shares, which are being sold by an Intel Corp. INTC subsidiary.

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