News headlines about Rackspace Hosting (NYSE:RAX) have been trending somewhat negative on Friday, according to Alpha One. The research firm, a division of Accern, identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rackspace Hosting earned a daily sentiment score of -0.10 on Alpha One’s scale. Alpha One also assigned media headlines about the hosting company an impact score of 78 out of 100, indicating that recent media coverage is likely to have an impact on the company’s share price in the immediate future.
Rackspace Hosting (NYSE:RAX) remained flat at $31.99 during trading on Friday. The stock has a 50-day moving average price of $31.99 and a 200-day moving average price of $31.90. Rackspace Hosting has a 52-week low of $19.65 and a 52-week high of $31.99.
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Rackspace Hosting Company Profile
Rackspace Hosting, Inc (Rackspace) operates in the managed cloud segment of the business information technology (IT) market. The Company offers a portfolio of integrated IT solutions for common business needs. The Company offers services for certain applications, including e-commerce and Web content management sites, business-productivity applications, such as e-mail and collaboration, and data stores.
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