RXT News and Press, Rackspace Technology Inc. From 02/02/21

SAN ANTONIO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT) today announced that its wholly owned subsidiary Rackspace Technology Global, Inc. (the “Company”) has priced its offering of $550.0 million aggregate principal amount of 3.50% F...

SAN ANTONIO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the results of its migration to Google Cloud Platform for Mrs. T’s Pierogies , the largest provider of...

Rackspace Technology Global, a wholly owned subsidiary of Rackspace Technology (RXT) to issue $550M of First-Priority senior secured notes due 2028 in a private offering. Net proceeds together with borrowings under a new $2.3M senior secured first lien term loan facility will be used to repay...

SAN ANTONIO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT) today announced that its wholly owned subsidiary Rackspace Technology Global, Inc. (the “Company”) is proposing to issue $550.0 million aggregate principal amount of First-Priority S...

Rackspace Technology (RXT) hit its post-IPO lockup expiration today, which released 165.4M shares.Before the expiration, Rackspace had 204.1M shares outstanding.RXT shares are down 5.9% to $21.74.Last week, Oppenheimer initiated Rackspace at Outperform, citing the enterprise cloud adoption mo...

Two years back, Rackspace moved away from its main role as an end-to-end technology solutions provider. The new strategy to focus purely on cloud is paying off with bookings increasing at double-digit figures. Also, the company has a differentiated product offering enabling it to ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead The stock market tries to reset after its worst week since October with even popular stocks like Apple (NASDAQ:AAPL) and...

The IPO market is expected to remain active in the week ahead with nine IPOs scheduled to raise $2.7 billion. Canadian digital service provider TELUS International plans to raise $800 million at a $6.4 billion market cap. Street research is expected for Cullinan Management and Gra...

SAN ANTONIO, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that for the fourth consecutive year, Rackspace Technology received a score of 100 on the Human Rights Campaign Foundati...

SAN ANTONIO, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company today announced the results of a global survey that reveals that the majority of organizations globally lack the inter...