Rackspace Technology (NASDAQ: RXT)
Rackspace Technology Return vs. S&P
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Rackspace Technology Company Info
Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. The firm designs, builds and operates its customers’ cloud environments across technology platforms. It operates through the following segments: Multicloud Services and Apps & Cross Platform. The Multicloud Services segment includes public and private cloud managed services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. The Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. The company was founded on July 21, 2016 and is headquartered in San Antonio, TX.
News & Analysis
Why Rackspace Technology Stock Soared 74% Last Month
This firm's leap into AI could be a game changer, but don't expect the stock to catch fire quite yet.
Why Rackspace Stock Was Blasting Higher This Week
The company has capitalized on the AI craze.
Why Rackspace Technology Stock Jumped on Thursday
Wall Street cheered improving sales and earnings trends.
Why Rackspace Technology Stock Skyrocketed on Thursday
The company delivered analyst-stumping Q3 results and tapped a new lead director with proven experience in setting up buyouts.
Why Rackspace Technology Stock Surged 23% Higher This Morning
Investors embraced the cloud service provider's robust third-quarter report.
Why Rackspace Technology Stock Sank 18.9% Last Month
Despite the recent pullback, the cloud stock is still up roughly 9.4% year to date.
Why Rackspace Technology Shares Crashed Hard Today
The cloud-computing expert beat the Street in the first quarter, but analysts and investors found a few market-moving concerns anyway.
Why Rackspace Stock Plunged Today
Despite a fourth-quarter earnings and revenue beat, investors were disappointed.
Valuation
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