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Rackspace's 'Dutch' Route Offers Hope
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It may be too early to write off Rackspace Hosting's (RAX Quote) recent IPO as a disappointment.
The IT hosting company headed to the public markets amid buzz that its shares would price at $17.
They ended up pricing at $12.50, near the bottom of its proposed range, then falling as much as 20% below that price in its first day on the NYSE. ...
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