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Mark Murphy of JPMorgan asks about $RHT's mid-teens revenue growth path going forward. CEO James Whitehurst said RHEL continues to grow well in the teens and the other businesses, as they scale, continue to grow in the high 30s to high 40s-ish percent. $RHT believes RHEL can grow double-digit and also that the other businesses will see growth.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?