🟢 Rackspace Technology is trading 6.75% up today as broad market rebound lifts technology shares

Rackspace Technology is trading 6.75% up at $3.76 as technology shares participate in September 17, 2026’s broad market rebound.

• The S&P 500 is up 0.84% and Nasdaq Composite 1.28%, supporting a global risk-on explanation after the Federal Reserve’s September 16 rate decision.
• No fresh company-specific announcement clearly explains the move.
• Investors may be extending enthusiasm from Rackspace’s September 10 NVIDIA Cloud Partner Program announcement and Blackwell-powered AI infrastructure plans, which previously lifted shares.