Red Hat Inc. (RHT): Today's Featured Computer Software & Services Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelRed Hat (RHT) pushed the Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole closed the day up 0.2%. By the end of trading, Red Hat rose $0.57 (1.2%) to $46.45 on heavy volume. Throughout the day, 4,495,523 shares of Red Hat exchanged hands as compared to its average daily volume of 2,584,800 shares. The stock ranged in a price between $45.34-$46.46 after having opened the day at $46.32 as compared to the previous trading day's close of $45.88. Other companies within the Computer Software & Services industry that increased today were: TigerLogic Corporation (TIGR), up 25.6%, Intelligent Systems (INS), up 16.3%, ChyronHego (CHYR), up 9.4% and Bridgeline Digital (BLIN), up 9.2%.
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