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Linux in a Nutshell, Fourth Edition

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Market slide: SCO Group's stock falls to $2.28 per share

Publication:The Salt Lake TribuneDate:Aug 03 2006
Reporter:Bob Mims

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In the months after the SCO Group's Linux-related lawsuit against IBM was filed nearly three and a half years ago, the tiny Utah software company saw its stock soar tenfold.

But on Tuesday the Lindon company's stock was a long way from its October 2003 high of $20.50 per share. After a sustained slide fed by sustained poor earnings results and courthouse reversals, SCO shares closed Tuesday at $2.28 per share.




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