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Rackspace shoots higher amid takeover rumor

Sep. 15, 2014 3:49 PM ETRackspace Hosting, Inc. (RAX) StockLUMN, RAXBy: Stephen Alpher, SA News Editor8 Comments
  • Well into the red earlier amid a downgrade from JPMorgan, Rackspace (RAX +0.2%) has popped into the green over the past few minutes. Perhaps a deal with CenturyLink (CTL) is near?
  • Previously: Rackspace lower after JPMorgan downgrade

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