Red Hat Gets a Boost
Shares of Red Hat (RHAT - news - Cramer's Take) rose on heavy trading Monday, as investors bid the stock up in anticipation of Tuesday's second-quarter earnings report.
At the close, shares of the Linux software developer were up $1.04, or 4.2%, to $26.07, although the stock was down 27 cents after hours. At more than 6 million shares, volume was 70% higher than average.
The stock was aided by a flurry of positive notes from sell-side analysts at Citigroup, Credit Suisse and Global Equities Research.
At the close, shares of the Linux software developer were up $1.04, or 4.2%, to $26.07, although the stock was down 27 cents after hours. At more than 6 million shares, volume was 70% higher than average.
The stock was aided by a flurry of positive notes from sell-side analysts at Citigroup, Credit Suisse and Global Equities Research.
posted by god_is_good478 at 6:23 AM
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