Rackspace Tech Stock Sinks 77% – and Not Just Because of the Security Breach…

By |2023-12-07T21:09:42+00:00December 5th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Rackspace (RXT) sent out a press release over the weekend warning users of a security incident in the company’s hosted exchange environment. The news has created a frenzy and sent the stock down over 10% so far in Monday morning trading.   But, the potential breach at Rackspace isn’t the only reason investors [...]