Tech Company Goes Public but Its Shares Dive 20% - Tidingo.com

Tech Company Goes Public but Its Shares Dive 20%

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Rackspace Hosting, a San Antonio company that provides Web hosting to corporate clients, went public Friday, but its shares sank 20 percent in their first day of trading.

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Link: http://www.nytimes.com/2008/08/09/technology/09rack.html?partner=rssuserland&emc=rss
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Tech Company Goes Public but Its Shares Dive 20% - témata

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