Rackspace Technology Inc. Stock News

Shares of Rackspace Technology Inc. RXT, +0.55% dropped 3.0% in premarket trading Friday, after the cloud services company was downgraded by Oppenheimer analyst Timothy Horan, who said increased macro

SAN ANTONIO, March 14, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT ), a leading end-to-end, multicloud technology solutions company, today announced the company will host a Fireside Chat on "The Digital Transformation Revolution" with Jeff DeVerter, Chief Technology Evangelist for Rackspace Technology at the Apex National CIO, CTO, AI, ML Digital Transformation Virtual Summit. The Fireside Chat will explore how digital transformation is changing the way organizations operate and the impact on systems, processes, workflow, and culture. Apex Assembly will be bringing together 60+ CIOs, CTOs and other Divisional … Full story available on Benzinga.com

Partnership focuses on data services experience, skills, and ability to accelerate joint value for customers Partnership focuses on data services experience, skills, and ability to accelerate joint value for customers

Rackspace Technology <> has announced a share repurchase program to buyback up to $75M of its common stock.The authorization is effective immediately and will expire on September…

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Wall Street analysts are constantly releasing and updating reports on stocks across their respective coverage universes.

Multiyear strategic collaboration agreement drives customer value and innovation, and strengthens AWS’s position as Rackspace Technology’s preferred cloud provider Multiyear strategic collaboration agreement drives customer value and innovation, and strengthens AWS’s position as Rackspace Technology’s preferred cloud provider

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rackspace (RXT) stock is heading lower on Wednesday following the release of its earnings report for the fourth quarter of 2021. The post RXT Stock News: Why Rackspace Shares Are Reeling Today appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” Get in Now on Tiny $3 ‘Forever Battery’ Stock Interested in Crypto? Read This First…

Rackspace (RXT) stock is heading lower on Wednesday following the release of its earnings report for the fourth quarter of 2021. The post RXT Stock News: Why Rackspace Shares Are Reeling Today appeare

Over the past 3 months, 4 analysts have published their opinion on Rackspace Technology (NASDAQ: RXT ) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company''s business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D 1 1 2 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 In the last 3 months, 4 analysts have offered 12-month price targets for Rackspace Technology. The company has an average price target of $13.62 with a high of $19.00 and a low of $9.00. Below is a summary of Full story available on Benzinga.com

Rackspace Technologies (RXT) shares plunged in premarket trading and hit a new 52-week low after the cloud computing company posted fourth-quarter results that topped expectations,

Nervous Markets Rebound As Ukraine Tensions Fade US equity futures - which on Tuesday tumbled into a technical correction, down 10% from January''s all time highs - rebounded led by tech companies as investor fears over the standoff in Ukraine eased following the limited initial Western sanctions against Russia. As of 7:15am, eminis pared some gains but were still up 0.7% or 28 points on the day; Nasdaq futures were up 0.9% and Dow futures were up 0.54%. The VIX remained elevated, last seen around 28 after trading above 30 yesterday. Treasuries extended declines after the yield curve flattened in the Wall Street session, with the 10Y yield rising to 1.97% after tumbling as low as 1.85% on Tuesday. Crude oil fluctuated, while gold dipped as haven demand eased. The dollar slipped and cryptos reversed some of their recent losses. Susannah Streeter, senior analyst at Hargreaves Lansdown, said there were signs of bargain hunting among traders, keen to snap up shares sensitive to the situation. But she warned the geopolitical tension could still escalate, while elevated oil and gas prices were boosting inflationary risks. The volatility which has hit stocks is set to remain as traders assess this latest attempt to slow down the march toward a full invasion, said Streeter.

RXT earnings call for the period ending December 31, 2021.