Rackspace IPO prices at bottom of target range to raise about $703 million - Tech news daily

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Tuesday, 4 August 2020

Rackspace IPO prices at bottom of target range to raise about $703 million

Cloud services firm Rackspace Technology Inc sold shares in its initial public offering (IPO) on Tuesday at $21 per share, the bottom end of its target range, to raise $703.5 million, the company said.

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