RHT - Red Hat, Inc.

NYSE - NYSE Delayed Price. Currency in USD
176.53
-0.47 (-0.27%)
At close: 4:02PM EST
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Previous Close177.00
Open177.65
Bid0.00 x 800
Ask0.00 x 800
Day's Range176.00 - 177.65
52 Week Range115.31 - 179.49
Volume2,224,617
Avg. Volume3,037,275
Market Cap31.203B
Beta (3Y Monthly)0.22
PE Ratio (TTM)115.53
EPS (TTM)1.53
Earnings DateDec 17, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est179.43
Trade prices are not sourced from all markets
  • GlobeNewswire10 hours ago

    MERGER ALERT – RHT, PVAC and ATHN: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Dec. 11, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • IBM exec: Why buying Red Hat is better than partnership
    American City Business Journals15 hours ago

    IBM exec: Why buying Red Hat is better than partnership

    As IBM moves forward with its $34 billion deal for Red Hat, its executives continue to defend the buy.

  • Barrons.com20 hours ago

    Tired of Stock Market Volatility? It’s Been a Good Year to Bet on Mergers.

    “Merger arbitrage” funds buy shares of a target company in a publicly announced acquisition, and short the stocks of the acquiring company.

  • Business Wireyesterday

    Red Hat Sets Jan. 16, 2019, Special Meeting for Vote on Merger Agreement with IBM

    Red Hat, Inc. (RHT), the world’s leading provider of open source solutions, announced today that it had established a record date of Dec. 11, 2018, and a special meeting date of Jan. 16, 2019, for a meeting of its stockholders to, among other things, consider and vote on a proposal to adopt the previously announced Agreement and Plan of Merger, dated as of Oct. 28, 2018, by and among Red Hat, International Business Machines Corporation (“IBM”) and Socrates Acquisition Corp., a wholly-owned subsidiary of IBM, pursuant to which IBM will acquire Red Hat for $190.00 per share in an all-cash transaction. The board of directors of Red Hat recommends that stockholders vote in favor of the merger with IBM. Red Hat stockholders as of the close of business on the record date of Dec. 11, 2018, will be entitled to receive notice of, and to vote at, the special meeting.

  • ACCESSWIREyesterday

    SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Red Hat, Inc. - RHT

    RADNOR, PA / ACCESSWIRE / December 10, 2018 / Kaskela Law LLC is investigating Red Hat, Inc. ("Red Hat" or the "Company") (NASDAQ: RHT) concerning the Company's proposed acquisition ...

  • Zacks2 days ago

    Red Hat (RHT) Reports Next Week: Wall Street Expects Earnings Growth

    Red Hat (RHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • ACCESSWIRE4 days ago

    INVESTOR ALERT: Monteverde & Associates PC Announces An Investigation Of Red Hat, Inc. - RHT

    NEW YORK, NY / ACCESSWIRE / December 7, 2018 / JuanMonteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the EmpireState Building in New ...

  • Business Wire7 days ago

    Submissions Open for 2019 Red Hat Certified Professional of the Year Award

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that submissions are being accepted for the 13th annual Red Hat Certified Professional of the Year Award. The Red Hat Certified Professional (RHCP) of the Year Award recognizes the hard work, expertise, and ingenuity of a current Red Hat Certified Professional. The award program is open to holders of a current Red Hat certification or Certificate of Expertise in eligible countries.

  • GuruFocus.com7 days ago

    Berkshire Hathaway Has Given Up on IBM, but Recent Acquisition May Resuscitate Big Blue

    Earlier this year, Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) sold its entire International Business Machines (IBM) stake. After acknowledging his calculations on IBM were flawed in mid-2017, Warren Buffett ( Trades , Portfolio ) finally directed Berkshire to exit its investment in the company. At its peak investment in the tech company, the conglomerate held somewhere near $12 billion worth of IBM shares.

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    Market Realist8 days ago

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    SAP SE (SAP) is acquiring Qualtrics International for $8.0 billion. If all goes according to plan, the transaction is expected to close in the first quarter of 2019.

  • IBM Insiders Are Showing Confidence in the Company
    Market Realist8 days ago

    IBM Insiders Are Showing Confidence in the Company

    IBM Corporation (IBM) reported a YoY (year-over-year) fall in its third-quarter revenue and fell short of the consensus estimate, triggering a sell-off in its stock. IBM’s deal to acquire open-source software company Red Hat (RHT) for $34 billion also elicited mixed reactions, with some wondering whether IBM was overpaying for the deal.

  • The Wall Street Journal8 days ago

    [$$] Big Tech's Deal Risk Isn't Over

    According to background documents about the merger filed by Red Hat on Friday, IBM threatened to walk away if Red Hat demanded a “regulatory termination fee” that would be payable by IBM if the deal failed to win the necessary government approvals. Red Hat ultimately decided not to seek such a fee.

  • Business Wire8 days ago

    Red Hat to Release Results for Third Quarter Fiscal Year 2019

    Red Hat, Inc. , the world's leading provider of open source solutions, will release results of its third quarter fiscal year 2019 on Monday, December 17, 2018, after the market close.

  • The Real Reason IBM Acquired Red Hat
    Market Realist9 days ago

    The Real Reason IBM Acquired Red Hat

    In October, IBM (IBM) shocked the world by acquiring Red Hat (RHT) for $34 billion, marking its largest acquisition to date. But why did IBM shell out so much money? The answer lies in IBM’s desire to compete in the cloud service market, especially the hybrid cloud market. Red Hat, a cloud service and open-source software company, is also a leading provider of Linux operating systems.

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    Zacks12 days ago

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  • GlobeNewswire12 days ago

    Report: Developing Opportunities within Gol Linhas Aereas Inteligentes S.A., Duluth, International Business Machines, Lam Research, Red Hat, and Weatherford International — Future Expectations, Projections Moving into 2018

    NEW YORK, Nov. 30, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • 5 Deep-Value Stocks to Invest In
    InvestorPlace14 days ago

    5 Deep-Value Stocks to Invest In

    Value stocks are poised for a nice rebound on Wednesday thanks to positive headlines around a possible trade deal with China as well as some dovishness form Federal Reserve Board Chair Jerome Powell. Specifically, traders are looking for indications the Fed will halt its rate hike campaign in 2019 to allow the economy and financial markets to adjust to the steady tightening of credit since 2015. The disconnect can be seen in the way the futures market has only penciled in two further quarter-point hikes in 2019 while the Fed is looking for four.

  • GuruFocus.com14 days ago

    5 Companies Hit 52-Week Highs

    Recently, 5 companies have achieved yearly highs

  • Business Wire14 days ago

    Fujitsu Adopts Red Hat OpenShift Container Platform for Global Management Decision-Making Assistance System

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that Fujitsu Limited has adopted Red Hat OpenShift Container Platform for system development at its Business Intelligence Competency Center (BICC), an internal organization to promote collection and company-wide use of its global data, which will help Fujitsu achieve greater development efficiency with quicker application development and delivery.

  • Amid $34B IBM buyout, Red Hat makes its own acquisition
    American City Business Journals14 days ago

    Amid $34B IBM buyout, Red Hat makes its own acquisition

    A month after IBM announced its $34 billion buy of Raleigh’s Red Hat, the open-source firm is making a cloud deal of its own.

  • Red Hat acquires hybrid cloud data management service NooBaa
    TechCrunch15 days ago

    Red Hat acquires hybrid cloud data management service NooBaa

    Red Hat is in the process of being acquired by IBM for a massive $34 billion, but that deal hasn't closed yet and in the meantime, Red Hat is still running independently and making its own acquisitions, too. As the company today  announced, it has acquired Tel Aviv-based NooBaa, an early state startup that helps enterprises manage their data more easily and access their various data providers through a single API. NooBaa's technology makes it a good fit for Red Hat, which has recently emphasized its ability to help enterprise more effectively manage their hybrid and multicloud deployments.

  • Business Wire15 days ago

    Red Hat Acquires Hybrid Cloud Data Management Provider NooBaa

    Red Hat, Inc. (RHT), the world's leading provider of open source solutions, today announced that it has acquired NooBaa, an early stage company developing software for managing data storage services across hybrid and multicloud environments.