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SJ Mercury: Red Hat to Service AutoZone stores, stock surges

Nov 29, 1999, 18:28 (1 Talkback[s])

"Red Hat...on Monday said it agreed to provide on-site consulting and technical services to AutoZone Inc....as part of the auto parts retailer's plans to install a Linux software-based terminal system in its 2,800 stores."

"Shares of Red Hat surged to a record high of 249 before settling at 245-1/4, up 31-3/4 or 15 percent, on the Nasdaq stock market, where it was the biggest net gainer."

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