Red Hat Passes Microsoft’s Stock Price, Now What?


Article Source CIO Magazine

Not since the heady days of the dotcom boom has the share market for an open source company’s stock been brighter.

As of the last Nasdaq trade on October 19, 2009, Red Hat’s share price stood at $28.46 with the mighty Microsoft in its shadow at $26.36.

With so much noise made about IT company share prices over the years–Michael Dell said he would shut down Apple if he was in charge, but then in 2006 Apple surpassed Dell‚Äôs market capitalization–why did such a momentous occasion go unnoticed…?

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