Red Hat Stock Sets 15-Year Highs On Software Sales

By | December 18, 2015

Scalper1 News

Investors doffed their caps to Red Hat (RHT) Friday, pushing its stock to fresh 15-year highs after the company late Thursday provided Q3 earnings and sales that beat analyst expectations, as did its Q4 sales guidance. Red hot Red Hat stock gapped up 5.7% to 83.99 at the opening of the stock market today, eclipsing a Nov. 5 peak that hadn’t been seen since the 2000 dot-com bubble’s peak, shortly after Red Hat went public. Shares eased back later, Scalper1 News

Scalper1 News