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LocalTechWire: Just Barely Missing Revenue Estimate, Red Hat Stock Pummeled in After-Hours Trading

Jun 18, 2004, 14:30 (15 Talkback[s])
(Other stories by Rick Smith)

"Shares of Red Hat, which recently sold above $29, continued their sharp drop in after-hours trading Thursday.

"The price fell to $20.59, or some 8 percent, after its closing bell price of $22.39. That figure represented a 36-cent drop on the day..."

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