RXT

Rackspace Technology's stock (RXT) has experienced significant movement in the past six months. The stock price saw a substantial increase of 466.9% from the beginning of 2026 to May 8, 2026, trading at $5.5040. Key events impacting the stock include the Q1 2026 earnings report, which showed a 2% year-over-year revenue increase and a return to profitability, despite missing EPS estimates. A partnership with AMD to establish a new category of governed enterprise AI infrastructure for regulated customers also contributed to a surge in the stock price. Additionally, a partnership with Palantir and leadership changes also influenced the stock's performance.