$RXT

Rackspace Technology Inc

  • NASDAQ
  • Technology Services
  • Data Processing Services

PRICE

$7.165 โ–ผ-0.348%

Delayed Price

VOLUME

22,685

DAY RANGE

- 7.28

52 WEEK

5.99 - 20.11

Join Discuss about RXT with like-minded investors

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@dros #droscrew
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RXT Rackspace Tech has hired evercore to explore strategic alternatives including a sale or breakup of the company citing sources the inframation

69 Replies 6 ๐Ÿ‘ 13 ๐Ÿ”ฅ

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@dros #droscrew
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Upgrades 5/11: $ARCT $ARWR $AZEK $CELH $CRON $DINO $EA $EGHT $FTNT $GO $HL $NOVT $PLNT $PTON $ROAD $RXT $TCBK $TREX . Downgrades 5/11: $ALR $ARRY $AVYA $BHVN $CS $CVNA $DBD $DMS $GLW $HYFM $INO $JNCE $KERN $KPLT $LDI $ONTF $PEGA $PTON $RKT $U $UPST $VFF

80 Replies 9 ๐Ÿ‘ 14 ๐Ÿ”ฅ

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@DarkPoolAlgo #Dark Pool Charts
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After slipping last week, U.S. stock futures are edging higher to start the trading week, with Treasury yields little changed as markets remain in โ€œwait-and-seeโ€ mode regarding the timing of accelerated tightening by the Fed after last weeks sharply higher inflation readings. Investors also prepare for a busy week of quarterly earnings in the retail sector with results from WMT, LOW, TGT and HD among those expected this week as earnings season wraps up. In Asian markets, The Nikkei Index gained +0.56% to 29,776, the Shanghai Index fell -5 points to 3,533, and the Hang Seng Index advanced +0.25% to 25,390, In Europe, the German DAX is up about +0.1% at 16,100, while the FTSE 100 is little changed at 7,340. Stocks finished Friday near the highs, but for the week, the S&P 500 500 fell 0.3%, the Dow fell 0.6% and the Nasdaq fell 0.7%, as each snapped their 5-week winning streaks amid heightened inflation fears. Before the bell today, the November Empire State Manufacturing Index arrives, with economists predicting a small rise from the month before in the only main data point on the schedule today. The dollar is steady, oil prices are lower and Bitcoin/crypto assets are looking higher. Overall, it looks like a strong start to the trading week, but will gains hold? Events Calendar for Today 8:30 AM ET Empire Manufacturing for Novemberโ€ฆest. 21.2 Earnings Calendar: Earnings Before the Open: ACM, AYRO, BFLY, CMAX, CVSI, DMRC, DNA, GOED, JAGX, KALA, OEG, ONDS, PTN, RAIL, RMBL, SEAT, TLS, TSN, URGN, VVNT, WE, YOU Earnings After the Close: AAP, ASTG, AGIL, ATHX, AXON, BIOC, BKYI, BODY, CMP, COMS, COOK, CSPR, DM, EDR, ETON, FPAY, GLAD, IDEX, INVO, JJSF, LCID, LFG, MARK, MIRM, NRDY, PLBY, POWW, PRCH, RAX, RXT, SGBX, SNDX, TALK, UAVS, VTSI, XL, XSPA, ZEV Other Key Events: BTIG Digital Health Forum $virtual, 11/15 Stifel 2021 Healthcare Conference $virtual, 11/15-11/17 Wolfe Industrial Growth & Technology Conference 2021 $virtual, 11/15 Macro Up/Down Last Nymex -1.00 79.79 Brent -1.16 81.01 Gold -1.90 1,863.00 EUR/USD -0.0002 1.1443 JPY/USD -0.03 113.86 10-Year Note +0.006 1.554% World News China Oct Industrial O/P higher: 3.5% y/y vs 3% consensus; China Oct Industrial Production higher: 10.9% vs 10.8% consensus; China Oct Retail Sales higher: 4.9% y/y vs 3.5% consensus ECBโ€™s Lagarde said this weekend that conditions for hike in rates unlikely to be met next year; GDP still expected to exceed pre-pandemic levels by year end; price pressures to normalize as supply bottlenecks unwind; no evidence of negotiated wages Hackers compromised a Federal Bureau of Investigation $FBI email system on Saturday and sent tens of thousands of messages warning of a possible cyberattack, according to the agency and security specialists. Jayson Albano reports. Sector News Breakdown **Consumer** Tesla $TSLA shares slipping -2%; CEO Elon Musk on Sunday asked Bernie Sanders on Twitter whether the U.S. senator wants him to sell more shares after Sanders demanded the wealthy pay their โ€œfair shareโ€ of taxes. โ€œWant me to sell more stock, Bernie? Just say the word,โ€ Musk tweeted. Meanwhile, โ€œThe Big Shortโ€ investor Michael Burry tweeted that โ€œMusk doesnโ€™t need cash, he just wants to sell Tesla Macyโ€™s $M, Nordstrom $JWN and Signet Jewelers $SIG among mall-based retailers that are enjoying a revival on expectations consumers will spend a record $851 billion this holiday season, a 9.5% jump from last year, Barronโ€™s reported, citing the National Retail Federation **Energy** Negotiators from almost 200 countries clinched a deal that seeks to keep the most ambitious goal of the Paris Agreement alive, breaking new ground in the fight against climate change but punting the hardest decisions into the future. After two weeks of often fraught United Nations COP26 talks, delegates agreed to reduce the use of coal **Financials** S&P Global $SPGI won U.S. antitrust approval to buy IHS Markit $INFO to create a financial data giant spanning everything from bond ratings and commodities prices to tracking trade flows across the world after the Justice Department cleared the $39 billion deal **Healthcare** Regeneron $REGN announces $3B share buyback plan Pfizer $PFE strong R&D makes stock a good long-term bet, according to Barronโ€™s. Notes two years ago, Pfizer CEO Albert Bourla asked investors to take a big gamble on the research-and-development operation, and that bet is looking smarter than ever **Industrials & Materials** Deere $DE and union officials reach a third preliminary contract agreement on a contract in a bid to end a four-week-old strike; the previous offer included 10% pay raises, a signing bonus of $8,500, made workers eligible for health insurance sooner, and maintained no-premium health insurance coverage. The United States said late Friday it will open talks with Japan over tariffs on steel and aluminum imports. Japan last week asked the United States to abolish the โ€œSection 232โ€ tariffs imposed by former U.S. President Donald Trumpโ€™s administration in 2018. **Technology, Media & Telecom** American Tower Corp. $AMT is said to near an agreement to acquire CoreSite Realty $COR for about $10B in an all-cash deal according to a Bloomberg report saying they could announce the acquisition of the data center operator as soon as this week. The report comes after Reuters reported last week that CoreSite was exploring options after getting a takeover approach. Walt Disney $DIS stock tumbled to near a one-year low this week following high-profile misses in its streaming and theme-parks segments according to Barronโ€™s, which could make for an attractive entry point for patient investors CrowdStrike $CRWD initiated at underweight with a $247 target at Morgan Stanley saying the firmโ€™s early leadership position is becoming increasingly challenged Shopify $SHOP downgraded to Hold from Buy at Loop Capital

118 Replies 7 ๐Ÿ‘ 15 ๐Ÿ”ฅ

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@Marcosx #ivtrades
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$RXT finally cruise

104 Replies 13 ๐Ÿ‘ 9 ๐Ÿ”ฅ

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@Marcosx #ivtrades
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$RXT holding up had uoa the other day

65 Replies 8 ๐Ÿ‘ 10 ๐Ÿ”ฅ

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@Marcosx #ivtrades
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RXT naj didnt screw that one yet

73 Replies 9 ๐Ÿ‘ 9 ๐Ÿ”ฅ

GM
@gman2 #ivtrades
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Pete Najarian mentioned $PARR and $RXT, is he in our room?

117 Replies 12 ๐Ÿ‘ 10 ๐Ÿ”ฅ

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@Marcosx #ivtrades
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rxt looks ok for 1$ of wiggle room

123 Replies 11 ๐Ÿ‘ 13 ๐Ÿ”ฅ

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@RedSunCap #ivtrades
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dat 0 dte > @dramdram said: Is the $RXT UOA a 1 day for $25 calls ?

69 Replies 11 ๐Ÿ‘ 11 ๐Ÿ”ฅ

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@CarlosH-carvan #ivtrades
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$RXT Apr 16 $25 Calls Sweep (4) near the Ask: 203 @ $1.863 vs 618 OI; Earnings 5/14

94 Replies 12 ๐Ÿ‘ 14 ๐Ÿ”ฅ

DR
@dramdram #ivtrades
recently

Is the $RXT UOA a 1 day for $25 calls ?

109 Replies 13 ๐Ÿ‘ 8 ๐Ÿ”ฅ

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@RedSunCap #droscrew
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2937 $RXT Mar21 25.0 Calls trade $0.48

124 Replies 13 ๐Ÿ‘ 6 ๐Ÿ”ฅ

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@RedSunCap #droscrew
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2937 $RXT Mar21 25.0 Calls trade $0.48

76 Replies 12 ๐Ÿ‘ 15 ๐Ÿ”ฅ

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@dros #droscrew
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Amazon ( $AMZN ) said to show interest in Rackspace ( $RXT )

89 Replies 15 ๐Ÿ‘ 15 ๐Ÿ”ฅ

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@ivtrades-Chris #ivtrades
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SWEEP DETECTED: >>2937 $RXT Mar21 25.0 Calls trade $0.482 Above Ask! [MULTI] 09:40:00 OPENING Vol=7493, OI=1961,

93 Replies 8 ๐Ÿ‘ 10 ๐Ÿ”ฅ

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@dros #droscrew
recently

$RXT looks great here

51 Replies 13 ๐Ÿ‘ 13 ๐Ÿ”ฅ

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@dros #droscrew
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6000 $RXT JAN2021 $20 Cs bought 0.82 // 15.3k+ trading vs 959 OI

57 Replies 15 ๐Ÿ‘ 14 ๐Ÿ”ฅ

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@dros #droscrew
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6000 $RXT JAN2021 $20 Cs bought 0.82 // 15.3k+ trading vs 959 OI

101 Replies 14 ๐Ÿ‘ 15 ๐Ÿ”ฅ

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@dros #droscrew
recently

Najarian out on DKNG front week $48 Cs and RXT jan $20

124 Replies 14 ๐Ÿ‘ 14 ๐Ÿ”ฅ

DI
@Diesel235 #StockTraders.NET
recently

Anyone know when $RXT is going to be tradable? They were added to the NASDAQ this morning

114 Replies 7 ๐Ÿ‘ 9 ๐Ÿ”ฅ

Key Metrics

Market Cap

1.52 B

Beta

1.56

Avg. Volume

0.99 M

Shares Outstanding

210.86 M

Yield

0%

Public Float

0

Next Earnings Date

2022-08-11

Next Dividend Date

Company Information

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.

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