Rackspace Technology is a holding company. Through its subsidiaries, Co. is a technology services company. Co. designs, builds and operates its customers' cloud environments across main technology platforms, irrespective of technology stack or deployment model. Co.'s segments include: Multicloud Services, which includes its public and private cloud managed services offerings, as well as other services related to designing and building multicloud solutions and cloud-native applications; and Apps and Cross Platform, which includes managed applications, managed security and data services, as well as other services related to designing and implementing application, security and data services. We show 15 historical shares outstanding datapoints in our coverage of RXT's shares outstanding history.
Understanding the changing numbers of RXT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RXT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RXT by allowing them to research RXT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
