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Rackspace IPO prices at bottom of target range: source

Rackspace IPO prices at bottom of target range: source

5 years ago
Anonymous $qOHwDUKgAF

https://www.reuters.com/article/us-rackspace-tech-ipo/rackspace-ipo-prices-at-bottom-of-target-range-source-idUSKCN2502W8

Cloud services firm Rackspace Technology Inc on Tuesday priced its initial public offering (IPO) at $21 per share, the bottom end of its target range, to raise $703.5 million, according to a person familiar with the matter.