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Red Hat Is Now Part of the S&P 500

Posted by Soulskill on from the stock-build dept.

phantomfive writes "Red Hat has made it onto the S&P 500, an important measure of the stock market. It is replacing CIT, which is expected to go bankrupt after the government refused to bail them out. Red Hat is the first Linux company to make it on to the S&P 500. While this means little directly for the company, it is an indication of the importance Linux is taking on in the world."

5 of 128 comments (clear)

  1. Let Me Be the First To Say... by SilverHatHacker · · Score: 5, Funny

    Congratulations.
    Could this be the Year of the Linux Stock Market?

    --
    Funny may not give karma, but +5 Informative never made anyone snort coffee out their nose.
    1. Re:Let Me Be the First To Say... by oneirophrenos · · Score: 2, Funny

      Yeah, congratulations to Red Hat for replacing a bankrupt company!

  2. Finally! by Anonymous Coward · · Score: 3, Funny

    2009 - the year of Linux on the stock market

    Next milestone - the desktop!

  3. Re:Benefit of being in S&P 500 by oldhack · · Score: 5, Funny

    Now the god damn commies are in my portfolio.

    --
    Fuck systemd. Fuck Redhat. Fuck Soylent, too. Wait, scratch the last one.
  4. Re:Red Hat Enterprise Linux may be Linux... by Datamonstar · · Score: 2, Funny

    Look, see, It's sorta like this. Say I was to buy you a beer. And that beer would be free. To you. And then you could drink it. And get drunk, I suppose. And then, if I was drinking my beer that I had to pay for then I'd be drunk as well eventually, and then, well...

    I just forgot what I was going on about, but I really could use a beer right now.

    --
    The eternal struggle of good vs. evil begins within one's self.