open stack

What Ails The Rackspace Stock? Rackspace US, Inc. (NYSE: RAX), a IT hosting company based in San Antonio, Texas, has long been a darling of the cloud computing industry. Established in 1998 and gone public in 2008, Rackspace is one of the early success stories of the cloud computing revolution. However, its recent stock performance, in spite of revenue increases, has given investors cause for worry. Here’s an analysis of the situation. The following table from stock analysis website The Street brings into focus the relative non-performance of Rackspace in stock ROI as compared to other parameters. Like many tech

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