|Daily Range||$16.65 - $18.47|
|52-Week Range||$16.65 - $56.20|
|Dividend (Yield)||$0.00 (0.0%)|
|Average Daily Volume||1,931,881|
|Current FY EPS||$0.89|
Computer Software & Services
Rackspace Hosting (RAX) Description
Rackspace pioneered enterprise hosting and is expanding into the cloud. Website: http://www.rackspace.com/
Tech stocks were in free fall, with many formerly high-flying cloud stocks tumbling.
The cloud specialist may be the biggest loser of an aggressive price war among the bigger players.
With Microsoft and Amazon engaged in a cloud computing price war, investors are growing pessimistic about smaller players in the industry.