The plaintiff says that in reaction to these revelations, Rackspace Hosting, Inc. (NYSE:RAX) stock lost hundreds of millions of dollars in market capitalization, with the Company’s stock price falling from high of nearly $56 per share on …
Shares of Rackspace Hosting, Inc. (RAX) are up by 16.87% to $31.66 in early trading on Tuesday morning, after the cloud computing firm announced plans to offer $350 million aggregate principal amount of senior notes due 2024. About 5.5 …
Rackspace is having a rough day in the market today, and for good reason. After the closing bell yesterday, the company reported earnings. While earnings and revenue came in ahead of expectations, they also showed a negative trend. On …
Rackspace Hosting, Inc. saw a big move in the last trading session, as the company’s shares fell by nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This …
Following U.S. election volatility some analysts have updated their recommended target prices on shares of Rackspace Hosting, Inc (NYSE:RAX). According to the most recently released broker notes, 10 analysts have a rating of “strong …
Networking behemoth F5 Networks could catch the attention of activist investors in the backdrop of industry consolidation and potential growth concerns. Wachtell Lipton and Wilson Sonsini have big third quarters in tech, while Jones Day's …
The plaintiff says that in reaction to these revelations, Rackspace Hosting, Inc. (NYSE:RAX) stock lost hundreds of millions of dollars in market capitalization, with the Company’s stock price falling from high of nearly $56 per share on …
Boston, MA 07/11/2013 (wallstreetpr) – A lot of research reports have been recently focusing on the stock of Rackspace Hosting, Inc. (NYSE:RAX), with analysts at The Street reiterating the earlier “hold” rating for the company. By the end …
They say Rackspace Hosting, Inc. (NYSE:RAX) stock is one of the cheapest in their space. At the time they wrote their report, it was trading at a multiple of 6.1 times 2015 estimated EV / EBITDA.