Rackspace Plunges 11% On Lackluster Q2 Guidance

Post from http://www.danieluk.net

 After reporting its earnings, including a profit meet and a small revenue miss, shares of Rackspace are down sharply in after-hours trading. The cloud-focused company’s guidance for its current quarter failed to match expectations, clouding investor sentiment about Rackspace’s future growth. Read More

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Rackspace Plunges 11% On Lackluster Q2 Guidance http://www.danieluk.net/news/rackspace-plunges-11-on-lackluster-q2-guidance/