Shares of Rackspace were headed higher this week on a report that e-commerce giant Amazon is in discussions to invest in the cloud services company. The stock closed up over 10% on Monday while soaring as much as 17% during the day. Shares closed up a little over 3% on Tuesday. According to a Reuters … Continue reading “Rackspace Shares Explode on Talks That Amazon Will Invest in Company”
Author: Sophia Vida
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