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AT&T, Hewlett-Packard (HPQ), EMC (EMC), Cisco Systems and IBM loom as possible buyers of Rackspace Hosting (RAX), whose stock jumped late Thursday after the company said it had hired Morgan Stanley to explore strategic options, including a sale or partnership. Rackspace’s stock rose 14% before the market open in the stock market today. Shares in Rackspace popped 7% on Thursday — mostly on last-minute spike — after Bloomberg reported that Rackspace Scalper1 News
Scalper1 News