Trade Rackspace Technology, Inc. - RXT CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.05
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021596 %(-$4.32)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02160%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000626 %(-$0.13)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00063%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021596 %
  (-$4.32)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000626 %
  (-$0.13)

Key Stats

• Prev. Close: 3.26
• Open: 3.17
• 1-Year Change: 147.66%
• Day's Range: 3.14 - 3.25

Trade Rackspace Technology, Inc. - RXT

About Rackspace Technology, Inc.

Rackspace Technology, Inc. is an end-to-end multicloud technology services company. The Company designs, builds and operates cloud environments across technology platforms. The Company operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. Its Multicloud Services segment includes its multicloud services offerings, as well as professional services related to designing and building multicloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications, managed security and data services, as well as professional services related to designing and implementing application, security and data services. Its OpenStack Public Cloud segment enables to run applications on a public cloud that is built on open-source technology. It also enables public cloud and managed hosting platforms to work, through technologies such as RackConnect tool.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Rackspace Technology, Inc. revenues increased 11% to $3.01B. Net loss decreased 11% to $218.3M. Revenues reflect Multicloud Services segment increase of 14% to $2.45B, Apps & Cross Platform segment increase of 12% to $377.6M, United States segment increase of 11% to $2.16B, Other foreign countries segment increase of 77% to $310.2M. Lower net loss reflects Selling.