Today, Rackspace Technology Inc Inc’s (NASDAQ: RXT) stock fell $0.43, accounting for a 2.89% decrease. Rackspace opened at $14.95 before trading between $15.26 and $14.39 throughout Thursday’s session. The activity saw Rackspace’s market cap fall to $3,017,814,645 on 1,685,603 shares -below their 30-day average of 1,845,186.
About Rackspace Technology Inc
Rackspace Technology is a leading end-to-end multicloud technology services company. The company can design, build and operate its customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. Rackspace partners with its customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.