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Tech Vendors Reach Dizzying Heights in Q1 On Wall Street

By Scott Campbell CRN
4:45 PM ET Thu. Apr. 05, 2012
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Red Hat

Mar. 30, 2012: $59.89
Dec. 31, 2011: $41.29
Change: 45.0%

Red Hat shares had already enjoyed a solid quarter when they jumped $10 per share on March 29 after it announced it beat fourth-quarter estimates and topped $1 billion in sales for the first time. Earlier in the quarter, Red Hat extended its cloud offerings for Amazon Web Services.

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