Thursday, October 27, 2011

Red Hat (RHT) Hits a New 52-Week High

Red Hat (RHT) hit a new 52-week today (02011.10.27) and it's been a while since a GDT::Portfolio stock (excluding Amazon.com) hit a new 52-week high. In addition, RHT hitting $50.61 today allowed me to finish writing The Case of the Accidental Triple.

RHT started trading on 11 Aug 01999 at $27.25 (adjusted for 2:1 split on 10 Jan 02000). It hit $143.12 on 9 Sep 01999. On 11 Aug 02000, one year after it started trading, RHT was at $20.06. Right now (at 2:33pm EDT on 27 Oct 02011) RHT is at $51.28 (i.e. 64% below it's all-time high of $143.12). The last time RHT was this high was on 28 Mar 02000.

No comments:

Post a Comment