Forbes: Red Hat Shares Fall 3.3% | Linux Today

Forbes: Red Hat Shares Fall 3.3%

Written By
Web Webster
Web Webster
Nov 15, 2006

“If Tuesday serves as any indication, the third quarter may not
be a good one for Linux king Red Hat.

“On the same day that the company’s Chief Financial Officer
Charlie Peters said Oracle’s push into the Linux market–as well as
Microsoft’s recent partnership with Novell–may hurt the company
near-term, shares fell 3.3%, or 57 cents, to $16.96…”


Complete Story

Web Webster

Web Webster

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.

Linux Today Logo

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. © 2026 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.