There's blood on the streets today, and its even redder than usual, as shares of Red Hat, Inc. (NYSE:
RHT) are down nearly 9% today.
Red Hat, which operates in the cloud computing space, is taking a beating today, along with other cloud computing plays like VMware (NYSE:
VMW), Citrix (NASDAQ:
CTXS) and Rackspace (NYSE:
RAX).
There is a great piece out from
The Reformed Broker about the massacre being seen today in the cloud computing space.
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