Rackspace Plunges 11% On Lackluster Q2 Guidance
May 11, 2015 at 18:02 PM EDT
After reporting its earnings, including a profit meet and a small revenue miss, shares of Rackspace are down sharply in after-hours trading. The cloud-focused company’s guidance for its current quarter failed to match expectations, clouding investor sentiment about Rackspace’s future growth. Read More