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home / news releases / RXT - Rackspace Grows Revenue As It Seeks Focus Shift

RXT - Rackspace Grows Revenue As It Seeks Focus Shift

Rackspace Technology Inc.
  • Rackspace Technology went public in August 2020, raising $704 million in a U.S. IPO.
  • The firm provides a range of infrastructure, application and data software and services to enterprises worldwide.
  • RXT has grown revenue but is seeking to shift focus to move up the technology stack.
  • My outlook is Neutral until we see evidence of that strategy shift working.

For further details see:

Rackspace Grows Revenue As It Seeks Focus Shift
Stock Information
Company Name: Rackspace Technology Inc.
Stock Symbol: RXT
Market: NASDAQ
Website: rackspace.com
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