Rackspace (RXT) stock back in play as Palantir AI deal meets earnings week
Rackspace shares traded near $1.68 in premarket Monday, steady after last week’s surge on news of an AI partnership with Palantir. The stock jumped from 42 cents to $1.68 last week. Rackspace reports fourth-quarter results Feb. 26. Investors await details on revenue impact from the Palantir deal.
