Rackspace Technology is a holding company. Through its subsidiaries, Co. is a technology services company. Co. designs, builds and operates its customers' cloud environments across main technology platforms, irrespective of technology stack or deployment model. Co.'s segments include: Multicloud Services, which includes its public and private cloud managed services offerings, as well as other services related to designing and building multicloud solutions and cloud-native applications; and Apps and Cross Platform, which includes managed applications, managed security and data services, as well as other services related to designing and implementing application, security and data services. The RXT YTD return is shown above.
The YTD Return on the RXT YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether RXT YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the RXT YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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