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RT @TechCrunch: Rackspace Share Price Down 25% As Cloud Price Wars Take Their Toll http://t.co/WYID2ZqH4B by @alexwilliams
May 10, 2013
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Rackspace Share Price Down 25% As Cloud Price Wars Take Their Toll
Rackspace will open trading this morning on the New York Stock Exchange with a share price that dropped nearly 25% on Thursday. The stock dropped after the company missed its earnings, raising concerns the cloud price wars with giants like Amazon Web Services are taking its toll...