So it needed to start attracting them. "Three things attract nerds: you need good urban, dense city life. They don't want to be lost out in suburbia. You need a really strong university system to back it up and you need the cool factor,
Rackspace's (RAX) stock earnings estimates were increased at Pacific Crest this morning after reporting higher-than-expected 2016 second-quarter results.
The cloud services company topped second-quarter forecasts, but Brexit fallout and lost sales from divested businesses will dampen results this year
Rackspace (RAX) stock is retreating in after-hours trading on downbeat guidance, despite reporting better-than-expected earnings and revenue for the 2016 second quarter.