Stock in Red Hat climbed 21 cents, or 1.56 percent, on Monday due in part to positive news from an analyst firm.
WR Hambrecht announced coverage of Red Hat and listed the stock as a “buy.”
Red Hat (Nasdaq: RHAT) closed at $13.68, a 52-week high. At one point during the day the stock hit $14.02.
Red Hat: www.redhat.com