VA Software [LNUX]
stock continues
to behave violently. During late August of 2002, the stock
quickly moved from $0.60 to $1.50 on news that it was
partnering with IBM on some business operations. The
stock, in step with the overall market, fell back down
to the $0.80 level. On 30 October 2002, the stock gained
more than 20% and moved above $1.00 per share. VA Software
operates a collection of popular websites that include
, ,
and the (Open Source Developers
Network). VA Software, which at one time was called VA Linux Systems,
had the most successful IPO (Initial Public Offering) in history.
On 09 December 1999 the stock hit $320 per share. As of 01
November 2002, VA Sofware stock was $1 a share.
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