Several other institutional investors and hedge funds have also modified their holdings of the company. The institutional investor bought 3,063,276 shares of the company’s stock, valued at approximately $59,091,000. Rackspace (Nasdaq: RXT) will … RXT | Complete Rackspace Technology Inc. stock news by MarketWatch. Rackspace Technology Global is the issuer of the 8.625% Senior Notes, and obligations under the 8.625% Senior Notes are guaranteed on a senior unsecured basis by all of Rackspace Technology Global's wholly-owned domestic restricted subsidiaries (as subsidiary … Please switch to the latest version of Microsoft Edge, Mozilla Firefox, Safari or Google Chrome. Rackspace Technology Inc. shares reached a high of $18.75 and dropped to a low of $18.10 until finishing in the latest session at $18.26. Real time Rackspace Technology, Inc. (RXT) stock price quote, stock graph, news & analysis. Rackspace Technology Safe Harbor Statement: Some of the statements in this news release constitute “forward-looking statements” that do not directly or exclusively relate to historical facts. Revenue of $682M beats by $9.57M. The company posted revenue of $681.7 million in the period. The COVID-19 business environment is expected to help the company, but the marketplace is fiercely competitive. Multicloud solutions provider, Rackspace Technology announced that its management of Relay42’s AWS IT infrastructure supports the AI-driven data business to Rackspace Technology News - Cloud7 Get the latest Rackspace Technology news: you can find the breaking news, archives, and topics about Rackspace Technology for 2020 on Cloud7. Real time Rackspace Technology, Inc. (RXT) stock price quote, stock graph, news & analysis. Company preannounces double-digit Q3 revenue growth SAN ANTONIO , Oct. 21, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology (Nasdaq: RXT) announces today the appointment of services industry veteran Amar Maletira as President and Chief Financial Officer, effective November 23, 2020 . 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Rackspace Technology, Inc. (RXT Quick Quote RXT - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day.The move came on … Get Rackspace Technology Inc (RXT:NASDAQ) real-time stock quotes, news and financial information from CNBC. SAN ANTONIO, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (NASDAQ: RXT) (the “Company”), a leading end-to-end multicloud technology solutions company, today announced the final results for its previously announced tender offer (the “Tender Offer”) to purchase for cash up to, Rackspace Technology: Multicloud Solution Experts, Rackspace Technology Global Announces Early Tender Offer Results, Rackspace Technology to Present at the Credit Suisse 24th Annual Technology Conference, Rackspace Technology to Participate in the 2020 J.P. Morgan Ultimate Services Investor Conference, Rackspace Technology Global Announces Pricing of $550 Million Notes Offering, Rackspace Technology Global Announces Proposed $550 Million Notes Offering, Rackspace Technology Global Announces Tender Offer for its 8.625% Senior Notes due 2024, Rackspace Technology Reports Third Quarter 2020 Results, Rackspace Technology to Announce Third Quarter 2020 Earnings on Tuesday, November 10, 2020, Rackspace Technology Taps Industry Veteran Amar Maletira as President and Chief Financial Officer, Rackspace Technology Global Announces Final Results of Tender Offer. RXT | Complete Rackspace Technology Inc. stock news by MarketWatch. Rackspace Technology Named a Leader in Multicloud Managed Services Providers by Independent Research Firm. Fresh off its return to public markets, Rackspace Technology (NASDAQ:RXT) is down 9.4% after Q2 earnings, where it posted near-double-digit revenue gains a Rackspace Technology … As a result, we are excited to share another quarter of record results. Rackspace Technology announces new professional services and featured solutions at AWS re:Invent 2020 to support customers as they build the future of technology on AWSSAN ANTONIO, Dec. 03, 2020during The move came on solid volume too with far … Rackspace Technology Inc. alleges that a now-former employee “threatened” to go to the media with “concerns” about its business practices if it didn’t pay him severance. Stable Share Price: RXT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- … Amazon wants a piece of San Antonio cloud-computing company Rackspace Technology Inc., according to a published report. Rackspace Technology’s research indicates a rise in SaaS as the preferred option when buying applications to enhance crucial but non-differentiating areas of … The company also has offices in Blacksburg, Virginia, and Austin, Texas, as well as in Australia, the United Kingdom, India, Switzerland, the Netherlands, Germany, … Company profile page for Rackspace Technology Global Inc including stock price, company news, press releases, executives, board members, and contact information Company profile page for Rackspace Technology Inc including stock price, company news, press releases, executives, board members, and contact information Rackspace is now Rackspace Technology, the company announced Monday morning. In addition, Rackspace Technology granted to the underwriters a 30-day option to purchase The company’s stock price has collected -4.01% of loss in the last five trading sessions. Company profile page for Rackspace Technology Global Inc including stock price, company news, press releases, executives, board members, and contact information Rackspace Technology Among the First to Support the Launch of Professional Services in AWS Marketplace, Announces New Professional Services & Solutions at AWS re:Invent 2020. LPL Financial LLC purchased a new stake in shares of Rackspace Technology, Inc. (NASDAQ:RXT) during the third quarter, Holdings Channel.com reports. Rackspace has historically leased server space and helps corporations store and access data in the cloud and in recent years has expanded its business to include multicloud services. Rackspace Technology Inc. (NASDAQ:RXT) went up by 0.56% from its latest closing price compared to the recent 1-year high of $22.75. SAN ANTONIO – September 28, 2020 – Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it is working with Dell Technologies to create new modernized solutions for multicloud. Rackspace Technology, Inc. (NASDAQ:RXT)’s beta value is holding at 0, while the average true range (ATR) indicator is presently reading 0.89. About Rackspace Technology Inc Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. Rackspace Technology cautions that these statements are subject to risks and uncertainties, many of which are outside of our control, and could cause future events or … Rackspace Technology (NASDAQ:RXT): Q3 Non-GAAP EPS of $0.19 beats by $0.01; GAAP EPS of -$0.54 misses by $0.41. With this announcement, Rackspace Technology brings the benefits of DTCP to more organizations and applications, enabling accelerated solutions for multicloud. Since migrating 99% of its services to Google Cloud, gohenry, the prepaid Visa debit card and app designed exclusively for 6-18-year-olds, Third Quarter Revenue of $682 million, up 13% Year-over-Year Record Quarterly Bookings of $315 million, an increase of 64% Year-over-Year Net loss of $101 million, or $(0.54) per diluted share Adjusted EBITDA was $191 million and Adjusted EBITDA margin was 28% Adjusted Earnings Per Share of $0.19, SAN ANTONIO, Nov. 03, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT) (the “Company”) today announced that it will release its third quarter 2020 financial results after the market closes on November 10, 2020. Includes articles, videos and real-time news from StockTwits. Description: Rackspace Technology Inc is an end-to-end multicloud technology services company. It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. Get the latest Rackspace Technology, Inc. (RXT) stock news and headlines to help you in your trading and investing decisions. Rackspace Technology is currently generating $2B in revenue in multicloud offerings spanning security, applications, data, and professional services from … Let’s Drop the “AutoML vs. Data Scientist” Discussion, The Scary Cybersecurity Risks Keeping the Pros up at Night, How Azure Data Services Help Your Business Innovate Faster and Smarter, From Chatbots to Alexa: The Evolution of Natural Language Processing. Rackspace Technology™ (NASDAQ: RXT), the multicloud expert, has supported gohenry with its global growth plans by migrating its IT environment to Google Cloud, delivering enhanced security and scalability for the next-generation money app. Raises FY Considering analysts have assigned the stock a price target range of $24-$33 as the low and high respectively, we find the trailing 12-month average consensus price target to be $26.56. Rackspace Technology Named a Leader in Multicloud Managed Services Providers by Independent Research Firm. BlackRock Inc. owned 1.54% of Rackspace Technology at the … Stable Share Price: RXT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week. People and Process. Rackspace Technology, Inc. RXT was a big mover last session, as the company saw its shares rise nearly 10% on the day. Read Press Release . December 3, 2020. We advise, design, build and manage solutions across the multicloud, applications, data and security, Rackspace Technology named a leader for the fourth consecutive year. We deliver customized solutions to help solve these challenges every day. Rackspace Technology is a leading end-to-end multicloud technology services company. Press Release reported 21 hours ago that Press Release: Rackspace Technology Manages Basware Cloud Transformation with AWS Public Cloud Migration Kevin Jones, Chief Executive Officer, and Dustin Semach, Chief. The institutional investor purchased 40,962 shares of the company’s stock, valued at approximately $790,000. Rackspace Technologies Global Inc. is proposing a private offering of $550 million in notes, it said in a news release on Monday morning. The company’s stock price has collected -4.01% of loss in the last five trading sessions. SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that it is commencing a tender offer (the “Tender Offer”) to … RXT Rackspace Technology Inc Current Report Filing (8-k) Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of … Rackspace Technology won the business by providing a means to stabilize and optimize a large, complex Google Cloud-supported application … Rackspace Technology Global, Inc. (NASDAQ: RXT) (the "Company") today announced that it will release its second quarter 2020 financial results after the market closes on Monday, August 31, 2020. How has Rackspace Technology's share price performed over time and what events caused price changes? How has Rackspace Technology's share price performed over time and what events caused price changes? Mr. SAN ANTONIO, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that Kevin Jones, Chief Executive Officer, and Dustin Semach, Chief Financial Officer, will participate in the J.P. SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that it has priced its offering of $550.0 million aggregate principal amount of 5.375% Senior Notes due 2028 (the "Notes") at an issue price of 100.000%. Earnings, adjusted for non-recurring costs, came to 19 cents per share. Rackspace Technology, Inc. RXT was a big mover last session, as the company saw its shares rise nearly 10% on the day. December 3, 2020. What is the Key to Cloud Native Success? SAN ANTONIO (AP) _ Rackspace Technology, Inc. (RXT) on Tuesday reported a loss of $101.2 million in its third quarter. Rackspace Technology Inc. [NASDAQ: RXT] stock went on a downward path that fall over -2.78% on Tuesday, amounting to a one-week price decrease of less than -6.90%. The name change is meant to reflect the end-to-end technology solutions the … Rackspace Technology has returned as a publicly-traded company although the offering has been anything but a success, in fact, quite the opposite.The company is now saddled with debt and is … The move came on solid … The San Antonio-based company said it had a loss of 54 cents per share. Rackspace Technology, Inc. ("Rackspace Technology") today announced the pricing of its initial public offering of 33,500,000 shares of its common stock at an initial public offering price of $21.00 per share. View real-time stock prices and stock quotes for a full financial overview. SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that is proposing to issue $550.00 million aggregate principal amount of senior notes due 2028 (the "Notes") in a private offering that is exempt from the registration requirements of. Share Price & News. Rackspace Technology Among the First to Support the Launch of Professional Services in AWS Marketplace, Announces New Professional Services & Solutions at AWS re:Invent 2020. As a launch partner for Redshift ML, Rackspace Technology can help you make the most of this new feature: 'At Rackspace Technology we help companies elevate their AI/ML operations. SAN ANTONIO (AP) — Rackspace Technology, Inc. (RXT) on Tuesday reported a loss of $101.2 million in its third quarter. Rackspace Technology continues to execute our strategy to capitalize on the incredible multi-cloud market opportunity. Rackspace Technology Named a Leader in Multicloud Managed Services Providers by Independent Research Firm. Rackspace Technology named a leader for the fourth consecutive year Read More Applications Deploy cloud native and SaaS solutions across application platforms Collaboration. View real-time stock prices and stock quotes for a full financial overview. The total size of the offering was $703,500,000 based on an initial share price of $21.00. Rackspace Technology, Inc. (NASDAQ:RXT) scored a price-to-earnings ratio above its average ratio, recording 18.46 x from its present earnings ratio. Rackspace Technology Inc. (NASDAQ:RXT) went up by 0.56% from its latest closing price compared to the recent 1-year high of $22.75. Rackspace Technology, Inc. is an American managed cloud computing company based in Windcrest, Texas, USA. Find real-time RXT - Rackspace Technology Inc stock quotes, company profile, news and forecasts from CNN Business. The company report on October 8, 2020 that Rackspace Technology helps Relay42 deliver up to 500,000 customer data events per second. Rackspace Technology and AutoPets Reimagine Pet Care with IoT Solution . SAN ANTONIO – November 5, 2020 – Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the results of its Internet of Things (IoT) centered cloud infrastructure and cloud native application development collaboration with automated … Latest Share Price and Events. Rackspace Technology does a good job of balancing the need for technology, internal expertise backed with customer references, and most importantly, a commitment to … We can design, build and operate our customers’ cloud environments across all major technology … Share Price & News. You are using an outdated browser and are receiving a degraded experience. Rackspace Technology has returned as a publicly-traded company although the offering has been anything but a success, in fact, quite the opposite.The company is … This news demonstrates the longstanding relationship between Rackspace Technology and Dell Technologies, strengthening what Rackspace Technology offers in the market. Rackspace Technology's lock-up period expires on Monday, February 1st. Get the latest news and breaking stories for Rackspace Technology (RXT) stock. Rackspace Technology returned to the public market Wednesday with an initial public offering that underperformed.The Rackspace IPO raised $704 million but priced at the low end of its range. SAN ANTONIO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (NASDAQ: RXT) today announced that Kevin Jones, Chief Executive Officer, and Amar Maletira, Chief Financial Officer, will present at the Credit Suisse 24th Annual Technology Conference on Monday, November 30, … Read Press Release . Rackspace Technologies Global Inc. is proposing a private offering of $550 million in notes, it said in a news release on Monday morning. Rackspace Technology had issued 33,500,000 shares in its public offering on August 5th. Latest Share Price and Events. See how we helped McKesson reduce its dedicated data center footprint and centralize their IT operations. Rackspace (Nasdaq: … Our experts know your industry, and they know the challenges you’re facing. BlackRock Inc. bought a new position in shares of Rackspace Technology, Inc. (NASDAQ:RXT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). How Businesses are using AI and Machine Learning Today? SAN ANTONIO, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT) (the “Company”) today announced the early tender results for its previously announced tender offer (the “Tender Offer”) to purchase for cash any and all of its outstanding 8.625% Senior Notes due 2024 (the “Notes”). SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that it is commencing a tender offer (the “Tender Offer”) to purchase for cash any and all of its outstanding 8.625% Senior Notes due 2024 (the “Notes”). SAN ANTONIO, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (NASDAQ: RXT) today announced that Kevin Jones, Chief Executive Officer, and Amar Maletira, Chief Financial Officer, will present at the Credit Suisse 24th Annual Technology Conference on Monday, November 30, 2020. 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