you are viewing a single comment's thread.
really champ?http://blogs.barrons.com/techtraderdaily/2010/11/08/rackspace-q3-eps-in-line-but-shares-slide-in-late-trading/?mod=yahoobarronsRackspace (RAX) this afternoon reported Q3 results in line with Street estimates.For the quarter, the Web hosting company posted revenue of $199.7 million and profits of 9 cents a share; the Street had been projecting $197.6 million and 9 cents.RAX in late trading is down $2.13, or 8.1%, to $24.16.
It slowly climbing back up. My TDAmeritrade quote is showing 25.89 as of 5:36pm. So, wait till tomorrow to see the real reaction. Meanwhile still holding my shares.