rackspace technology news

Get Rackspace Technology Inc (RXT:NASDAQ) real-time stock quotes, news and financial information from CNBC. 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 … Company profile page for Rackspace Technology Global Inc including stock price, company news, press releases, executives, board members, and contact information 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. Rackspace Technology, Inc. (NASDAQ:RXT)’s beta value is holding at 0, while the average true range (ATR) indicator is presently reading 0.89. BlackRock Inc. owned 1.54% of Rackspace Technology at the … Rackspace Technology is currently generating $2B in revenue in multicloud offerings spanning security, applications, data, and professional services from … 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. As a result, we are excited to share another quarter of record results. 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. Latest Share Price and Events. How has Rackspace Technology's share price performed over time and what events caused price changes? Rackspace Technology's lock-up period expires on Monday, February 1st. View real-time stock prices and stock quotes for a full financial overview. Company profile page for Rackspace Technology Inc including stock price, company news, press releases, executives, board members, and contact information Our experts know your industry, and they know the challenges you’re facing. 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. SAN ANTONIO (AP) _ Rackspace Technology, Inc. (RXT) on Tuesday reported a loss of $101.2 million in its third quarter. 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. Revenue of $682M beats by $9.57M. Rackspace Technology Named a Leader in Multicloud Managed Services Providers by Independent Research Firm. With this announcement, Rackspace Technology brings the benefits of DTCP to more organizations and applications, enabling accelerated solutions for multicloud. Latest Share Price and Events. RXT | Complete Rackspace Technology Inc. stock news by MarketWatch. Find real-time RXT - Rackspace Technology Inc stock quotes, company profile, news and forecasts from CNN Business. 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%. Rackspace Technologies Global Inc. is proposing a private offering of $550 million in notes, it said in a news release on Monday morning. The total size of the offering was $703,500,000 based on an initial share price of $21.00. The institutional investor purchased 40,962 shares of the company’s stock, valued at approximately $790,000. Rackspace Technology Named a Leader in Multicloud Managed Services Providers by Independent Research Firm. Several other institutional investors and hedge funds have also modified their holdings of the company. We deliver customized solutions to help solve these challenges every day. 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 … The company report on October 8, 2020 that Rackspace Technology helps Relay42 deliver up to 500,000 customer data events per second. Get the latest news and breaking stories for Rackspace Technology (RXT) stock. 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”). 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 SAN ANTONIO (AP) — Rackspace Technology, Inc. (RXT) on Tuesday reported a loss of $101.2 million in its third quarter. Though Rackspace Technology is regularly bagging contracts and successfully delivering cutting-edge solutions, its stock price just refuses to move up. 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. Please switch to the latest version of Microsoft Edge, Mozilla Firefox, Safari or Google Chrome. What is the Key to Cloud Native Success? Amazon wants a piece of San Antonio cloud-computing company Rackspace Technology Inc., according to a published report. Rackspace Technology named a leader for the fourth consecutive year Read More Applications Deploy cloud native and SaaS solutions across application platforms Collaboration. 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 … View real-time stock prices and stock quotes for a full financial overview. 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. Rackspace Technology (NASDAQ:RXT): Q3 Non-GAAP EPS of $0.19 beats by $0.01; GAAP EPS of -$0.54 misses by $0.41. Rackspace Technology had issued 33,500,000 shares in its public offering on August 5th. LPL Financial LLC purchased a new stake in shares of Rackspace Technology, Inc. (NASDAQ:RXT) during the third quarter, Holdings Channel.com reports. RXT | Complete Rackspace Technology Inc. stock news by MarketWatch. 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”). The name change is meant to reflect the end-to-end technology solutions the … 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™ (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. 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. 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%. 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. The institutional investor bought 3,063,276 shares of the company’s stock, valued at approximately $59,091,000. Get the latest Rackspace Technology, Inc. (RXT) stock news and headlines to help you in your trading and investing decisions. People and Process. The move came on solid volume too with far … This news demonstrates the longstanding relationship between Rackspace Technology and Dell Technologies, strengthening what Rackspace Technology offers in the market. Real time Rackspace Technology, Inc. (RXT) stock price quote, stock graph, news & analysis. In addition, Rackspace Technology granted to the underwriters a 30-day option to purchase 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. Rackspace Technology’s research indicates a rise in SaaS as the preferred option when buying applications to enhance crucial but non-differentiating areas of … Since migrating 99% of its services to Google Cloud, gohenry, the prepaid Visa debit card and app designed exclusively for 6-18-year-olds, The company also has offices in Blacksburg, Virginia, and Austin, Texas, as well as in Australia, the United Kingdom, India, Switzerland, the Netherlands, Germany, … Description: Rackspace Technology Inc is an 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 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. Read Press Release . How has Rackspace Technology's share price performed over time and what events caused price changes? An outdated browser and are receiving a degraded experience investors and hedge funds have also modified their of... Technology Named a Leader in Multicloud Managed Services Providers by Independent Research.. Between Rackspace Technology 's share price performed over time and what events caused price changes their holdings of offering... Modified their holdings of the company’s stock, valued at approximately $ 790,000 data center and. Another quarter of record results ) real-time stock quotes for a full financial overview purchased 40,962 shares of the,! 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