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Red Hat Gets a Boost

Publication:TheStreet.comDate:Sep 26 2006
Reporter:Bill Snyder

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Shares of Red Hat rose on heavy trading Monday, as investors bid the stock up in anticipation of Tuesday's second-quarter earnings report.

At the close, shares of the Linux software developer were up $1.04, or 4.2%, to $26.07, although the stock was down 27 cents after hours. At more than 6 million shares, volume was 70% higher than average.




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