Rackspace IPO Recap: Multi-Cloud MSP’s Initial Public Offering Disappoints
Rackspace Technology ($RXT) stock showed weakness on IPO (initial public offering) day. What’s behind the cloud MSP’s weaker-than-expected valuation? Here are the clues.
Rackspace IPO Plan: How Multi-Cloud MSP Pivoted Under Private Equity Ownership
How has Rackspace Technology transformed its cloud MSP business under private equity owner Apollo Global Management? Rackspace Form S-1 filing with SEC offers clues.