Rackspace Technology Inc (NASDAQ: RXT) Not A Good Play Anymore?
Rackspace Technology Inc (RXT) concluded trading on Wednesday at a closing price of $1.87, with 3.82 million shares of worth about $7.13 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.98% during that period and on Wednesday the price saw a gain of […]
Uncovering Institutional Buying In Rackspace Technology Inc (NASDAQ: RXT)
Currently, there are 227.60M common shares owned by the public and among those 59.04M shares have been available to trade. The company’s stock has a 5-day price change of -3.04% and 0.35% over the past three months. RXT shares are trading 29.86% year to date (YTD), with the 12-month market performance up to 66.86% higher. […]
Is There More Upside Ahead For Rackspace Technology Inc (NASDAQ: RXT)
The Vanguard Group, Inc. has recently announced that it has increased stake in Rackspace Technology Inc (NASDAQ:RXT) by 1.24%. After grabbing 5.47 million shares, the institutional investor is now in possession of 67082.0 shares of the Technology Company. The new investment brought the stake of investor firm to 2.53% having worth around $10.94 million. Moreover, […]
