SmartMoney: The Cat in the Red Hat | Linux Today
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SmartMoney: The Cat in the Red Hat

Written By
Web Webster
Web Webster
Dec 22, 2003

“The good news was just too juicy for Wall Street to keep under
its hat.

“With more evidence emerging that its Linux business is on fire,
investors snatched up shares of Red Hat (RHAT) on Friday. The
software company’s stock soared 22% to a three-year high of $17.49,
bringing its year-to-date gain to a whopping 196%. Analysts didn’t
hesitate to jump on the bandwagon as well, raising ratings on Red
Hat en masse…”

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.

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