Saturday, March 29, 2014

Red Hat (RHT) Spikes Down ~7%

Red Hat (RHT) reported 4Q'14 results (02014.03.27) after the market closed yesterday (Thursday) and the market wasn't happy. RHT closed today (Friday, 02014.03.28) at $52.23, down almost 7%. Intra-day low was $51.80. 52-week range: $41.89 - $61.45. Friday's volume was 7.1M vs. 1.6M.

I like Red Hat's CEO. I like that Red Hat is a leader when it comes to Open Source. I have grown a liking to Red Hat's FY. I have to sell some RHT at $67.48, but I don't want to.

No comments:

Post a Comment