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Stock impact report

Jim Cramer: Is It Time to Give Up on Growth? [TheStreet.com]

RED HAT (RHT) 
Last red hat earnings: 3/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.redhat.com
Company Research Source: TheStreet.com
Jim Cramer: Is It Time to Give Up on Growth? Is it time to give up on growth? You read earlier that value is in, does that mean you have to cashier the growth stocks especially because we see plenty of weakness in these stocks even as the averages breakout?   No. Not at all.   Now it is true that there are some notable growth stock declines. Today Red Hat (RHT) , one of the cloud kings, a company that rarely misses its numbers, whiffed and its stock got hammered. Did it make sense? It does feel a little deserved when you hear that that pricing wasn't as great as expected. Worse, it sounds like a bit of a price war as CEO Jim Whitehurst noted the one deal that did not renew is a rate competitive loss to a legacy on-premise provider based on pricing. Ouch. That said, though, this stock has been go Show less Read more
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