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Some enterprise software stocks are posting moderate declines following Red Hat's (RHT -3.5%)...
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Tuesday, September 25, 2012, 2:43 PM ETSome enterprise software stocks are posting moderate declines following Red Hat's (RHT -3.5%) FQ2 results and guidance. ORCL -2.2%. CTXS -1.7%. QLIK -2.3%. During its earnings call, Red Hat blamed its slightly weak guidance on slow growth for its training/services business. That could have some Oracle investors on edge, given the company's heavy dependence on license update and services revenue. Red Hat also boasted it renewed all of its 25 biggest deals up for renewal.
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