Rackspace (RAX) Sees Sharp Gains on Continued Takeover Speculation

August 25, 2016 2:23 PM EDT

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Rackspace (NYSE: RAX) is seeing solid mid-day gains on continued takeover speculation, with private equity firms said to be interested.

Shares are up 7% to $29.50.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions, Rumors

Add Your Comment