Below is a three month price history chart comparing the stock performance of RAX vs.
FORBES: Rackspace Hosting Moves Up In Market Cap Rank, Passing Chipotle Mexican Grill
Our report on RAX has detailed appendices for you to see how we perform all calculations.
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Moreover, its partnerships with Amazon (AMZN), Rackspace (RAX), and Hewlett-Packard (HPQ) all help boost its market share.
Now there are many other players in the market, such as Rackspace (RAX).
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At the closing bell, RAX is up about 2.2%, while CMG is up about 0.9% on the day Monday.
FORBES: Rackspace Hosting Moves Up In Market Cap Rank, Passing Chipotle Mexican Grill
But now, the new cloud upstarts are capitalizing on outsourced hosting solutions, such as from Amazon.com (Nasdaq:AMZN) and Rackspace (NYSE:RAX).
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On the earnings front, Diebold (DBD), Drew Industries (DW), Rackspace (RAX), Regal Entertainment ( RGC), and Tal International (TAL) are slated to release their quarterly reports.
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Could the cloud computing consolidation wave engulf Rackspace (RAX)?
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According to the ETF Finder at ETF Channel, RAX and CMG collectively make up 1.60% of the iShares Morningstar Mid Growth Index Fund ETF (JKH) which is lower by about 0.4% on the day Monday.
FORBES: Rackspace Hosting Moves Up In Market Cap Rank, Passing Chipotle Mexican Grill
Among the largest underlying components of RFG, in trading today Deckers Outdoor Corp. ( NASD: DECK) is up about 1.4%, Rackspace Hosting Inc ( NYSE: RAX) is up about 1.2%, and NewMarket Corp ( NYSE: NEU) is higher by about 1.2%.
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Among the largest underlying components of RFG, in trading today Green Mountain Coffee Roasters Inc ( NASD: GMCR) is off about 2.3%, NewMarket Corp ( NYSE: NEU) is down about 1.2%, and Rackspace Hosting Inc ( NYSE: RAX) is lower by about 2.5%.
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