RXT
RXT
NASDAQ · Technology

Rackspace Technology Inc

Small-Cap Stocks Stocks Under $10 Semiconductor Stocks
$6.88
-0.41 (-5.62%)
As of May 16, 2:12 AM ET ·
RXT News3 articles
Rackspace Stock Soars 26% on AMD AI Deal, But Debt Clouds Outlook
Rackspace shares surged 26% to $7.29 on an AMD AI deal and Q1 profit, though a non-GAAP loss and $2.3B in debt temper optimism.
Markets
Rackspace Surges 35% on AI Cloud Deal with AMD, Short Squeeze Amplifies Rally
Rackspace Technology shares surged 35% after announcing an AI cloud deal with AMD, with short covering amplifying the move as trading volume tripled.
Technology
Palantir Stock Dips Despite $1B DHS Deal, Rackspace Partnership
Palantir Technologies stock declined 1.5% to $132.89 on Friday, underperforming the broader software sector. The move came amid conflicting catalysts including a reported $1 billion U.S. Department of Homeland Security contract, a new strategic partnership with Rackspace Technology, and an analyst upgrade from Mizuho Securities.
Technology