Hosting (RAX) Flat Following Friday Hike

Hosting, Inc. RAX shares nicked up 0.1% to $31.15. The company gained over 4% on Friday after the company announced a transaction to be acquired by certain funds managed by affiliates of Apollo Global Management $32 per share in cash for a total of $4.3 billion. Share volume was 4.6 million, topping an all-day average of 2.6 million