Tech Company Stocks In Q1: Who Gained? Who Lost?

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Red Hat

CEO: James Whitehurst

Dec. 30, 2016: $69.70

March 31, 2017: $86.50

Change: +24.10%

Open-source software developer Red Hat wrapped up a solid fiscal year during the quarter. In March the vendor reported that revenue for its fiscal 2017 (ended Feb. 28) was $2.41 billion, up 17.5 percent from $2.05 billion in fiscal 2016. Net income for the year was $253.7 million, up more than 27 percent from $199.4 million one year earlier.

Also in March the company debuted Red Hat Enterprise Linux 6.9, the latest edition of the company's flagship operating system software.