Investors fled technology company catering to business and Government agency after quarterly report discouraging of Oracle Corp. refers to a sales slowdown that may otherwise be dragged into the industry next year.
List of other business software makers caught in downdraft during late afternoon trade including: VMware Inc., shares fell $ 9.69, or 11 percent, to $ 75.63; Citrix Systems Inc., down $ 5. 66, or nearly 9 percent, to $ 57.72; SAP AG, down $ 3.92, or 7 percent, to $ 51.81; F5 Networks Inc., down $ 8.30, or more than 7 percent, to $ 101.09; Teradata Corp., down $ 3.01, or 6 percent, to $ 47.48; Cognizant Technology Solutions Corp., down $ 4.64, or 7 percent, to $ 62.99; Salesforce.com Inc., down $ 6.22, or 6 percent, to $ 98.10; and Red Hat Inc., down $ 2.01, or nearly 5 percent, to $ 39.94.