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Home › Why five Rackspace executives sold nearly $500,000 in stock before the crash

 

Why five Rackspace executives sold nearly $500,000 in stock before the crash

2015-08-27 15:50:36| IT Services - Topix.net

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals. The market took a nose dive on Friday, Aug. 21 and Monday, Aug. 24 but five Rackspace executives sold nearly half a million dollars worth of Rackspace stock in the days before the crash in order to meet their individual tax obligations.

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