RXT News and Press, Rackspace Technology Inc. From 05/27/21

The following slide deck was published by Rackspace Technology, Inc. in conjunction with this event. For further details see: Rackspace Technology (RXT) Investor Presentation - Slideshow

SAN ANTONIO, May 26, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has provided Internet of Things (IoT) and Cloud Native Development capabilities to Innovyze, the global leader in wat...

SAN ANTONIO, May 24, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (NASDAQ: RXT) today announced that executive management will participate in the following upcoming investor conferences: J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on Wedne...

SAN ANTONIO, May 20, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that the company’s Solve Thought Leadership program has been awarded two Digiday Content Marketing Awards ...

Rackspace Technology migrated Brooks Macdonald Group to new private cloud architecture following decade of business growth Brooks Macdonald moved its Microsoft Office 365 licensing to Rackspace Technology and engaged Rackspace Managed Security Services for improved security an...

SAN ANTONIO, May 13, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), an end-to-end, multicloud technology solutions company, announced today its collaboration with FINCAD, a global provider of multi-asset valuation and risk analytics for derivatives and fixed inc...

VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has been named AWS Migration Partner of the Year for Canada by Amazon Web Services, Inc. (AWS). ...

Data Center REITs - in synchrony with the broader technology sector - have woefully underperformed their more cyclical and value-oriented counterparts since late 2020 amid an ongoing "Reopening Rotation." Fundamentals were remarkably unaffected by the pandemic, but that's precisely th...

Following the post-earnings downgrade, Raymond James upgrades Rackspace Technology (RXT) from Outperform to Strong Buy with a $28.50 price target.Analyst Frank Louthan attributes the pullback to "the process of resetting expectations for growth and bookings from the prior narrative."The ...

Shares of Rackspace Technology (NASDAQ: RXT) suffered a sharp correction on Tuesday following the cloud-computing company's first-quarter earnings report. The stock fell as much as 28.1% in the morning session, stabilizing near a 21% drop by noon EDT. Rackspace's sales rose 11% ...