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Why Is Rackspace Technology Stock Sinking Thursday? - Rackspace Technology (NASDAQ:RXT)

RXT shares plunge over 29%. Rackspace slashes 2026 revenue outlook to exit low-margin businesses and pivot toward high-margin enterprise AI.

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benzinga.comStai leggendo20 g fa

RXT shares plunge over 29%. Rackspace slashes 2026 revenue outlook to exit low-margin businesses and pivot toward high-margin enterprise AI.

Rackspace Technology Investigation Notice: SueWallSt Notifies Investors of a Pending Investigation Into Rackspace Technology (RXT)