News of Rackspace CEO Retirement Has Twitter, Facebook All Abuzz
February 10, 2014 at 18:25 PM EST
Shares of Rackspace (NYSE: RAX ) are down more than 10 percent Monday afternoon following inline fourth-quarter results and guidance which disappointed . While investors are rethinking their positions in RAX, techies around the web are considering another important item: news the company's CEO Lanham Napier will be retiring.