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Rackspace Hosting (RAX) Has Risen Above Today's Range

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3/13/2012 10:59 AM ET

Rackspace Hosting (RAX: Quote) gapped open higher Tuesday morning, but has since traded in a range. The stock has broken out in the last 15 minutes on increased volume and is now up 1.29 at $54.29.

Rackspace Hosting is trading near the upper end of a one-month range at the highs of the year.

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by RTT Staff Writer

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