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Rackspace shares plunge 33.6% after AI strategy cuts 2026 revenue guidance

Verifying
  • Faruqi & Faruqi is investigating potential securities claims against Rackspace Technology.
  • Rackspace shares fell $2.21, or 33.6%, to $4.37 on July 9, 2026.
  • Investors must file lead-plaintiff motions by September 28, 2026.
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