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.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
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DOWN
154.48
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DOWN
19.14
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37.61
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DOWN
0.48
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10 Yr
3.23%
SPDR Gold
115.06
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-1.48%
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-1.72%
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-1.46%
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