RedHat entry Standard & Poor's 500 Index

The S & P 500 index is the second largest in the United States in the Dow Jones Industrial Average. It observes the changes of 500 U.S. listed companies and reflects a wide range of market trends. Standard & Poor's announced on Friday that RedHat replaced CIT as one of the 500 indexes. The CIT Group is the largest commercial loan company in the United States and is on the verge of bankruptcy. RedHat is also the first Linux Enterprise in the S & P 500 index. Its shares closed at $22.32 on Friday, up 8.35%.

The S & P 500 index is the second largest in the United States in the Dow Jones Industrial Average. It observes the changes of 500 U.S. listed companies and reflects a wide range of market trends. Standard & Poor's announced on Friday that Red Hat has replaced CIT as one of the 500 indexes. The CIT Group is the largest commercial loan company in the United States and is on the verge of bankruptcy. Red Hat is also the first Linux Enterprise in the Standard & Poor's 500 Index. Its shares closed at $22.32 on Friday, up 8.35%.