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GitLab shares jump 21% after second-quarter earnings beat

GitLab stock surged 21% to $54.53 ahead of the opening bell after a second-quarter earnings beat, while S&P 500 futures were 0.1% lower.

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By George GloverGitLab stock was surging on Wednesday-but investors should be wary of chasing that rally, even after a second-quarter earnings beat.Shares of the coding platform jumped 21% to $54.53 ahead of the opening bell.

Futures tracking the S&P 500 were 0.1% lower as Wall Street continued to…