rackspace technology news

In addition, Rackspace Technology granted to the underwriters a 30-day option to purchase How Businesses are using AI and Machine Learning Today? Stable Share Price: RXT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- â¦ The institutional investor bought 3,063,276 shares of the companyâs stock, valued at approximately $59,091,000. Rackspace Technology, Inc. RXT was a big mover last session, as the company saw its shares rise nearly 10% on the day. Company profile page for Rackspace Technology Global Inc including stock price, company news, press releases, executives, board members, and contact information 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. Kevin Jones, Chief Executive Officer, and Dustin Semach, Chief. Get Rackspace Technology Inc (RXT:NASDAQ) real-time stock quotes, news and financial information from CNBC. Revenue of $682M beats by $9.57M. 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 â¦ 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. 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. 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 â¦ 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 It designs, builds and operates its customers' cloud environments across all technology platforms, irrespective of technology stack or deployment model. Rackspace is now Rackspace Technology, the company announced Monday morning. The move came on solid volume too with far â¦ The move came on solid â¦ The companyâs stock price has collected -4.01% of loss in the last five trading sessions. This news demonstrates the longstanding relationship between Rackspace Technology and Dell Technologies, strengthening what Rackspace Technology offers in the market. Get the latest Rackspace Technology, Inc. (RXT) stock news and headlines to help you in your trading and investing decisions. 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. Find real-time RXT - Rackspace Technology Inc stock quotes, company profile, news and forecasts from CNN Business. 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. The name change is meant to reflect the end-to-end technology solutions the â¦ The San Antonio-based company said it had a loss of 54 cents per share. Rackspace Technology, Inc. (NASDAQ:RXT) scored a price-to-earnings ratio above its average ratio, recording 18.46 x from its present earnings ratio. Press Release reported 21 hours ago that Press Release: Rackspace Technology Manages Basware Cloud Transformation with AWS Public Cloud Migration Real time Rackspace Technology, Inc. (RXT) stock price quote, stock graph, news & analysis. Rackspace Technology is currently generating $2B in revenue in multicloud offerings spanning security, applications, data, and professional services from â¦ The company report on October 8, 2020 that Rackspace Technology helps Relay42 deliver up to 500,000 customer data events per second. With this announcement, Rackspace Technology brings the benefits of DTCP to more organizations and applications, enabling accelerated solutions for multicloud. 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 Among the First to Support the Launch of Professional Services in AWS Marketplace, Announces New Professional Services & Solutions at AWS re:Invent 2020. The company posted revenue of $681.7 million in the period. 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 Inc. (NASDAQ:RXT) went up by 0.56% from its latest closing price compared to the recent 1-year high of $22.75. Several other institutional investors and hedge funds have also modified their holdings of the company. 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%. 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. Rackspace Technologyâ¢ (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 does a good job of balancing the need for technology, internal expertise backed with customer references, and most importantly, a commitment to â¦ How has Rackspace Technology's share price performed over time and what events caused price changes? 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”). Rackspace Technology Safe Harbor Statement: Some of the statements in this news release constitute âforward-looking statementsâ that do not directly or exclusively relate to historical facts. Rackspace Technology and AutoPets Reimagine Pet Care with IoT Solution . Company profile page for Rackspace Technology Global Inc including stock price, company news, press releases, executives, board members, and contact information 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. LPL Financial LLC purchased a new stake in shares of Rackspace Technology, Inc. (NASDAQ:RXT) during the third quarter, Holdings Channel.com reports. Rackspace Technology, Inc. RXT was a big mover last session, as the company saw its shares rise nearly 10% on the day. Though Rackspace Technology is regularly bagging contracts and successfully delivering cutting-edge solutions, its stock price just refuses to move up. BlackRock Inc. owned 1.54% of Rackspace Technology at the â¦ Read Press Release . Rackspace Technology Named a Leader in Multicloud Managed Services Providers by Independent Research Firm. Rackspace Technology Named a Leader in Multicloud Managed Services Providers by Independent Research Firm. As a result, we are excited to share another quarter of record results. Rackspace (Nasdaq: RXT) will â¦ Raises FY Share Price & News. December 3, 2020. 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%. Rackspace Technology had issued 33,500,000 shares in its public offering on August 5th. Share Price & News. The company also has offices in Blacksburg, Virginia, and Austin, Texas, as well as in Australia, the United Kingdom, India, Switzerland, the Netherlands, Germany, â¦ Rackspace Technology, Inc. (NASDAQ:RXT)âs beta value is holding at 0, while the average true range (ATR) indicator is presently reading 0.89. Rackspace Technology continues to execute our strategy to capitalize on the incredible multi-cloud market opportunity. 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 â¦ SAN ANTONIO (AP) _ Rackspace Technology, Inc. (RXT) on Tuesday reported a loss of $101.2 million in its third quarter. 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. Description: Rackspace Technology Inc is an end-to-end multicloud technology services company. 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 Technologies Global Inc. is proposing a private offering of $550 million in notes, it said in a news release on Monday morning. SAN ANTONIO â November 5, 2020 â Rackspace Technologyâ¢ (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 â¦ 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 total size of the offering was $703,500,000 based on an initial share price of $21.00. We advise, design, build and manage solutions across the multicloud, applications, data and security, Rackspace Technology named a leader for the fourth consecutive year. Rackspace Technology Named a Leader in Multicloud Managed Services Providers by Independent Research Firm. Includes articles, videos and real-time news from StockTwits. 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 â¦ The institutional investor purchased 40,962 shares of the companyâs stock, valued at approximately $790,000. 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 . What is the Key to Cloud Native Success? 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. RXT | Complete Rackspace Technology Inc. stock news by MarketWatch. Rackspace (Nasdaq: â¦ Real time Rackspace Technology, Inc. (RXT) stock price quote, stock graph, news & analysis. People and Process. Multicloud solutions provider, Rackspace Technology announced that its management of Relay42âs 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. View real-time stock prices and stock quotes for a full financial overview. Get the latest news and breaking stories for Rackspace Technology (RXT) stock. 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 â¦ Rackspace Technology's lock-up period expires on Monday, February 1st. The companyâs stock price has collected -4.01% of loss in the last five trading sessions. Rackspace Technology Inc. alleges that a now-former employee âthreatenedâ to go to the media with âconcernsâ about its business practices if it didnât pay him severance. Our experts know your industry, and they know the challenges youâre facing. 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 â¦ 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, â¦ 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). 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 won the business by providing a means to stabilize and optimize a large, complex Google Cloud-supported application â¦ SAN ANTONIO (AP) â Rackspace Technology, Inc. (RXT) on Tuesday reported a loss of $101.2 million in its third quarter. 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. Please switch to the latest version of Microsoft Edge, Mozilla Firefox, Safari or Google Chrome. Earnings, adjusted for non-recurring costs, came to 19 cents per share. We deliver customized solutions to help solve these challenges every day. The COVID-19 business environment is expected to help the company, but the marketplace is fiercely competitive. Rackspace Technologyâs research indicates a rise in SaaS as the preferred option when buying applications to enhance crucial but non-differentiating areas of â¦ You are using an outdated browser and are receiving a degraded experience. 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. 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. About Rackspace Technology Inc Rackspace Technology, Inc. engages in the provision of end-to-end multi-cloud technology services. Latest Share Price and Events. Latest Share Price and Events. 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