Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest announcement is out from Rackspace Technology ( (RXT) ).
On January 15, 2025, Rackspace Technology announced changes to its Board and executive leadership, including the appointment of Vikram Mahidhar as a new director, bringing AI and data expertise to support Rackspace’s growth strategy. Jeffrey Benjamin succeeded David Sambur as the Independent Chairman of the Board, with the company’s CEO, Amar Maletira, temporarily leading the Private Cloud business following Brian Lillie’s departure. These transitions are part of a broader strategy to enhance Rackspace’s market position and operational leadership, alongside reaffirming its financial guidance for the fourth quarter of 2024.
More about Rackspace Technology
Rackspace Technology is a leading end-to-end multicloud technology solutions company that designs, builds, and operates cloud environments for customers across all major technology platforms, helping them modernize applications, build new products, and adopt innovative technologies.
YTD Price Performance: 9.13%
Average Trading Volume: 819,861
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $543.9M
See more data about RXT stock on TipRanks’ Stock Analysis page.
