Workflow
Rackspace's private cloud
icon
Search documents
Up 265% in the Past 5 Days, Is There Any More Upside Left for Rackspace Stock?
Yahoo Finance· 2026-02-23 16:32
Rackspace Technology (RXT) shares have stunned the market with a historic 265% vertical climb over the last five trading days, fueled by a high-stakes strategic partnership with Palantir (PLTR). The deal, which integrates PLTR’s artificial intelligence (AI) platform into its private cloud, has sparked a “Hail Mary” rally for a stock that was hovering at a year-to-date low of $0.41 just weeks ago. More News from Barchart Despite this explosive move to the upside, Rackspace stock remains down some 50% fr ...