The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Rackspace Technology, Inc. (“Rackspace” or “the Company”) (NASDAQ: RXT) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Rackspace reported its preliminary Q2 2026 financial results on July 9, 2026. The Company lowered its full-year 2026 outlook “to account for (its) transition away from certain low-margin engagements that will be redeployed to (its) enterprise AI business.” Based on this news, shares of Rackspace fell by 33.6% on the same day.

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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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