Cloud Stocks Take A Hit: CRM, VMW, LLNW, RHT

The cloud plays were down today as Linux provider Red Hat (NYSE: RHT) reported results in line with analyst estimates. The company earned an adjusted 20 cents per share. The stock was down 2.65% in late trading. Other cloud plays followed suit. Salesforce.com (NYSE: CRM) was down 2.45%, VMWare fell 0.9%, and Limelight Networks plummeted 3.3%. These stock have all run up big, though some investors believe that they can still end the year with a bang.