Is there an IPO jinx for those one-day highfliers? VA Linux, which holds the record for the highest first-day jump in a public offering, saw its stock fall 22 percent Wednesday after the company ...
VA Linux Systems reports a $55 million loss, with most of the shortfall stemming from restructuring costs after it ditches the server market. Stephen Shankland worked at CNET from 1998 to 2024 and ...
Two months after dropping its Linux hardware business to cut financial losses, open-source vendor VA Linux Systems Inc. is again tinkering with its product line and will promote the sale of ...