Deadline Alert: Rackspace Technology, Inc. (RXT) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

Rackspace Technology (RXT) shareholders are urged to file claims in a securities fraud class action lawsuit. The company allegedly failed to disclose that significant AI investments would require resource reallocation from its profitable Private Cloud segment and that Public Cloud revenue was declining. On July 9, 2026, Rackspace cut full-year revenue guidance by $150 million, causing the stock to plunge 33.6%. The deadline to file a lead plaintiff motion is September 28, 2026.