Rackspace Technology, Inc. (RXT)
NASDAQ: RXT · IEX Real-Time Price · USD
2.490
-0.060 (-2.35%)
At close: Jul 19, 2024, 4:00 PM
2.530
+0.040 (1.61%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Rackspace Technology Market Cap
Rackspace Technology has a market cap or net worth of $557.39 million as of July 22, 2024. Its market cap has increased by 18.87% in one year.
Market Cap
557.39M
Enterprise Value
3.81B
1-Year Change
18.87%
Ranking
Category
Stock Price
$2.49
Market Cap Chart
Since the IPO on August 5, 2020, Rackspace Technology's market cap has decreased from $4.18B to $557.39M, a decrease of -86.67%. That is a compound annual growth rate of -39.91%.
Market Cap History
| Date | Market Cap | % Change |
|---|---|---|
| Jul 19, 2024 | 557.40M | 28.79% |
| Dec 29, 2023 | 432.80M | -30.51% |
| Dec 30, 2022 | 622.80M | -77.99% |
| Dec 31, 2021 | 2.83B | -25.89% |
| Dec 31, 2020 | 3.82B | -8.67% |
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Market Capitalization
Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.
Formula: Market Cap = Stock Price * Shares Outstanding
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