RXT Investor Losses: Rackspace AI Effort Issues and Corresponding 33% Stock Drop Trigger Securities Class Action for Investors

A securities fraud class action lawsuit has been filed on behalf of Rackspace investors after its stock plummeted 33.6% because Rackspace allegedly misled investors about its AI efforts and their impact on the company's financial performance. NEW YORK, Aug. 25, 2026 /PRNewswire/ --...