“The dour mood on Wall Street has dragged three Linux
company stocks below their initial public offering price, and
others aren’t far behind.”
“Linux seller Caldera Systems, which debuted at $14 a share in
its IPO less than a month ago, closed regular trading at $9.56
today, down 11 percent. Andover.Net, the collection of Linux and
programming Web sites that launched in December at $18 a share,
closed at $10.13, down nearly a third. And VA Linux Systems, the
Linux computer maker whose $30 IPO price soared a record 697
percent to close at $239.25 on its opening day, sunk to $28.94, a
drop of 19 percent for the day.”
“Other Linux companies aren’t faring much better.”
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.