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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.