Red Hat (RHAT) To Trade on NYSE as of December 12, 2006 Under Ticker "RHT"
Red Hat, Inc. (NASDAQ: RHAT) has filed an application to list its common stock on the New York Stock Exchange. Upon approval of its application, the Company anticipates that its shares of common stock will begin trading on the NYSE on December 12, 2006, under the symbol "RHT".
"The move to the New York Stock Exchange is a significant event for Red Hat. We believe that listing on the New York Stock Exchange will increase Red Hat's visibility among investors, reduce trading volatility and offer more efficient pricing," said Charlie Peters, CFO at Red Hat.
"The move to the New York Stock Exchange is a significant event for Red Hat. We believe that listing on the New York Stock Exchange will increase Red Hat's visibility among investors, reduce trading volatility and offer more efficient pricing," said Charlie Peters, CFO at Red Hat.
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