• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 419555 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1418998204 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1418998204 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Shares of Rackspace Hosting Under Pressure, Down 1.5%

Published on Thu, 01/10/2013 - 13:22
By Mallory Stone

One of today's notable stocks in decline is Rackspace Hosting (NYSE:RAX), down 1.5% to $76.58. The S&P is currently trading 0.3% higher to 1,466 and the Dow Jones Industrial Average is trading 0.2% higher to 13,422.

In the past 52 weeks, Rackspace Hosting share prices have been bracketed by a low of $40.57 and a high of $78.36 and are now at $76.58, 89% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.1%.

Rackspace Hosting, Inc. delivers websites, web-based IT systems, and provides related services.

Based on a current price of $76.58, Rackspace Hosting is currently 6.9% above its average consensus analyst price target of $71.33. The stock should find initial support at its 50-day moving average (MA) of $68.12 and further support at its 200-day MA of $57.89.

By Mallory Stone
mstone@fnno.com

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