Revenue Rises at Red Hat

Shares of Red Hat have followed the lead of the broader Nasdaq this year, losing 7% of their value since January.

Even so, an investor who bought shares a year ago would have earned a return of 104%. In the last 52 weeks, the shares have traded in a wide range -- from a low of $12.20 to a high of $32.48.

As of Tuesday, the company was trading at 64 times forward earnings, while larger rival Novell(NOVL Quote) is valued much lower -- 48 times earnings.