Red Hat Shares Fall 3.3%

Posted by dcparris on Nov 15, 2006 5:05 PM EDT
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On the same day that the company's Chief Financial Officer Charlie Peters said Oracle's (nasdaq: ORCL - news - people ) push into the Linux market--as well as Microsoft's (nasdaq: MSFT - news - people ) recent partnership with Novell (nasdaq: NOVL - news - people )--may hurt the company near-term, shares fell 3.3%, or 57 cents, to $16.96.

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