Rackspace Hosting Inc. (RAX) reported second quarter net income of $0.06 per share after the close Monday, down from $0.08 per share last year. The stock is now down 0.99 on 29K shares.
Rackspace Hosting Inc. gapped up at the open Monday, but traded in a range for the majority of the session. The stock finished up by 0.17 at $19.48.
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