Tag Archives: bad-request

Red Hat Rides ‘Sales Execution,’ Vaults Over Q1 Views

Red Hat (RHT) stock brushed a more than 15-year high on Friday, for the third time in four days, as the No. 1 provider of open-source Linux software received at least four price target boosts after its fiscal Q1 earnings late Thursday beat expectations. “The company’s top-line growth continues to be driven by strong subscription revenue growth and solid large deal activity,” wrote William Blair & Co. analyst Bhavan Suri in a research note Friday.

Mindbody IPO Scores With Health, Wellness, Happiness

Mindbody (MB) raised $101 million in an initial public offering that began trading Friday. Stock in the provider of a cloud-based platform for health and wellness services priced late Thursday at 14, the midpoint of its range. It opened at 16.22 but then fell. Mindbody stock was down 3%, near 13.50, in morning trading in the stock market today. Mindbody raised $101 million, offering 7.2 million shares at 14. In its IPO prospectus, Mindbody said

Marijuana Investments Bud As Legalization Advances

Increasingly conciliatory attitudes toward cannabis regulation in the U.S. are attracting a new wave of investors to the budding legal marijuana field. Now legalized for medical use in 23 states, and for recreational use in four states — Oregon, Colorado, Washington and Alaska — and the District of Columbia, cannabis is seen by some investors as a possibly lucrative, though still-risky, proposition. Industry tracker Marijuana Business Daily’s 2015