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Stock Market & Financial Investment News

News Breaks
August 19, 2014
12:21 EDTRAXRackspace rises on activist stakes, levels to watch
Wells Fargo noted earlier that the company is more likely to adopt a shareholder friendly capital structure after Third Point's share stake news of last week and Blue Harbour Group's announcement of a 6.5% stake in the company last night after the close. Shares are on the move higher today. At the current price of $32.91, the stock is up over 3.4%. Next resistance is at $33.75. Support is at $32.45.
News For RAX From The Last 14 Days
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October 27, 2014
10:00 EDTRAXOn The Fly: Analyst Upgrade Summary
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08:42 EDTRAXRackspace upgraded at BofA/Merrill
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06:53 EDTRAXRackspace upgraded to Buy from Neutral at BofA/Merrill

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