“Shares of Red Hat nearly quadrupled on their debut Wednesday as
the red-hot IPO added sizzle to the listless new-issue sector.
“The stock may be headed for a berth as the third biggest
debut of the decade if it holds onto its gains.”
“Shares picked up steam amidst an Internet rally as they rose to
54, just 2 points shy of the 400 percent mark.”
“Indications of a strong open came when the Goldman Sachs-led
IPO upped its range from $10-$12 to $12-$14 per share on
Tuesday.”