RAX: Rackspace's (RAX -3.8%) 2013 woes continue...

1:12 PM Rackspace's (RAX -3.8%) 2013 woes continue after Canaccord declares "downside risks remain" given heightened competition, aggressive pricing from rivals, and the "operating distraction" caused by Rackspace's transition to OpenStack. Shares -49% YTD after getting crushed earlier this month in the wake of a Q1 revenue miss. Read comments

RAX price at time of publication: $37.80. Check RAX price now »

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Focus Articles on RAX

• Can IBM Save OpenStack? by Dana Blankenhorn
• Bear Of The Day: Rackspace Hosting by Zacks Investment Research
• Rackspace - As Long-Term Growth Story Remains Intact, Shares Should Find Support by The Value Investor

Press Releases on RAX

• Rackspace to Present at Investor Conferences in May and June (Business Wire)
• Rackspace Hosting Reports First Quarter 2013 Results (Business Wire)
• Increased Demand for Mobile Devices and Apps for Work Signals End of Traditional 'PC Era' (Business Wire)

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StockTalk on RAX: RAX StockTalk | Twitter RAX | Twitter $RAX | RAX Instablogs

Recent Market Alerts on RAX: All currents | Earnings | Dividends | M&A | On the move

Transcripts on RAX

• Rackspace Hosting Management Discusses Q1 2013 Results - Earnings Call Transcript
• Rackspace Hosting, Inc. - Shareholder/Analyst Call
• Rackspace Hosting's Management Presents at Deutsche Bank's DbAccess 21st Annual Media and Telecom Conference (Transcript)

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