Red Hat to move to New York Stock Exchange

Red Hat has sent out a press release stating its intent to move its stock market listing over to the NYSE. If all goes well, the stock will trade as "RHT" starting on December 12. "'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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