“Linux stocks surged Wednesday in an otherwise-mixed day on Wall
Street as the Fed moved to raise interest rates.”
“Shares in VA Linux Inc., Red Hat Software Inc. and
Andover.net Inc. soared following the news that a new Linux
software to run on Intel Corp.’s next-generation microprocessors
was ready to be released.”
“VA Linux Systems jumped $29 to $136.88, a 27 percent climb;
Andover.Net Inc. rose $7.13 to $36, a 25 percent jump; and Red Hat
increased $15.50 to $108, a 17 percent gain.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
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.
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