Scalper1 News
Red Hat’s (RHT) stock rose Thursday after its Q1 beat a day earlier showed that the company is still getting plenty of traction from its core Linux business. Red Hat’s results, posted late Wednesday, beat analyst estimates for the quarter ended May 31, a seasonally slow period for the No. 1 provider of products and services tied to the open-source Linux operating system. Red Hat stock was up 3.5% in early trading in the stock market, at 55. The Scalper1 News
Scalper1 News