Why Rackspace Hosting Shares Tanked
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Why Rackspace Hosting Shares Tanked

Street : United Kingdom | May 08, 2012 at 11:32 AM PDT
Source: The Motley Fool
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have tanked today by as much as 14% after the company reported earnings that missed analyst expectations. So what: Revenue rose 31% to $301 million, with earnings per share of $23.2 million, or $0.17 per share. That bottom-line figure was a mere penny shy of what the Street was looking for. FULL ARTICLE AT The Motley Fool
 
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