December 13, 2000

Linux stocks climbing thanks to IBM

Author: JT Smith

TheStreet.com reports: "Linux-related stocks were bouncing back faster than a 7-year-old on a trampoline Wednesday, thanks largely to IBM's announcement that it'll spend $1 billion on the open-source software next year. VA Linux and Red Hat were among the rising Linux stocks. VA Linux recently was up $2.88, or 26%, to $13.88, and Red Hat was rising $1.41, or 17%, to $9.81." (VA Linux owns NewsForge).

Category:

  • Open Source
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