Why Is Rackspace Technology (RXT) Stock Accelerating Today?

Rackspace Technology Inc. (RXT) shares are trading at $6.22 after an increase of 17.01% following a strategic move announcement. During the previous session, RXT closed at $5.32. Share volume was 2.84 million shares, which was higher than the average daily volume of 1.0 million shares over the past 50 days. What move has RXT announced? […]