Red Hat Now Up 18% (RHT)

Shares of Red Hat, Inc. RHT continue to move higher after reporting better than expected earnings and guidance last night after the bell. At last check, shares were up $7.43 to $47.40, a gain of 18.5%. This makes shares of Red Hat the best performing stock in the S&P 500 today. Red Hat, Inc., together with its subsidiaries, provides open source software solutions to enterprises worldwide.