“If things seemed quieter in Durham on Monday, it was probably
because there were fewer cheers from the Red Hat camp.”
“Shares of the Linux company closed at $74.50 Monday, down
$10.75, or 12.6 percent. The company’s market value slipped from
$5.7 billion to $4.9 billion.”
“‘I think the stock got a little ahead of itself,’ said Tom
Taulli, a research analyst who follows initial public stock
offerings for Edgar Online, based in Norwalk, Conn. ‘Inevitably,
there would be some kind of pull-back.'”