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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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July 29, 2015
10:41 EDTRAXOptions with increasing implied volatility
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10:27 EDTRAXOptions with decreasing implied volatility
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July 28, 2015
14:41 EDTRAXHigh option volume stocks
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13:26 EDTRAXRackspace volatility elevated into Q2 and outlook
Rackspace July weekly call option implied volatility is at 45, 7/14/15 weekly is at 77, September is at 48; compared to its 52-week range of 24 to 78, suggesting large near term price movement into the expected release of Q2 results on August 10.
July 23, 2015
12:04 EDTRAXRackspace, Intel announce OpenStack collaboration
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