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Street Blue on Red Hat

Publication:TheStreet.comDate:Dec 24 2004
Reporter:Ronna Abramson

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Investors punished shares of Red Hat Thursday after the Linux vendor's third-quarter sales failed to meet analyst targets and the company warned of more soft revenue on the horizon.

Shares of Red Hat fell to as low as $13.36 earlier. They were recently down 1.45, or 9.6%, at $13.62.




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