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Tag: IPO

Rackspace Technology has successfully raised $507 million in its earliest round of buying back shares to go toward paying off its outstanding bond debt.
Posted inTechnology

Rackspace raises $500M as company chips away at billions in debt

Avatar photo by Lindsey Carnett August 27, 2020August 27, 2020

Rackspace has successfully raised $507 million in its earliest round of buying back shares to go toward paying off its outstanding bond debt.

Rackspace Technology's stock slid in its Nasdaq debut on Wednesday, decreasing nearly 20 percent from its set IPO pricing of $21 per share.
Posted inBusiness & Development

Rackspace stock slides as IPO launches on Nasdaq

Avatar photo by Lindsey Carnett August 5, 2020August 10, 2020
Posted inBusiness & Development

Here’s How Much Rackspace Hopes to Raise as the SA Tech Company Prepares an IPO

Avatar photo by Lindsey Carnett July 27, 2020July 29, 2020
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