NEW YORK ( TheStreet) -- Rackspace Hosting (NYSE: RAX) is trading at unusually high volume Wednesday with 4.9 million shares changing hands. It is currently at two times its average daily volume and trading down $3.47 (-8.3%) at $38.32 as of 2:45 p.m. ET.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.