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Tech Sector Bearish Stocks: Red Hat Inc (NYSE:RHT), Allot Communications (NASDAQ:ALLT), Digital Power Corporation (NYSEMKT:DPW), Pulse Electronics (NYSE:PULS)

Shares of Red Hat Inc (NYSE:RHT) closed down $3.90, or almost 7%, at $52.23, after the company yesterday afternoon reported fiscal Q4 revenue and earnings per share that topped analysts’ expectations, but forecast this quarter, and the full year’s results below consensus. Red Hat Inc (NYSE:RHT) stock performance was -6.95% in last session and finished the day at $52.23. Traded volume was million shares in … Continue reading Tech Sector Bearish Stocks: Red Hat Inc (NYSE:RHT), Allot Communications (NASDAQ:ALLT), Digital Power Corporation (NYSEMKT:DPW), Pulse Electronics (NYSE:PULS)