Citrix Systems Inc
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Information Technology : Software | Mid Cap Blend
Company profile

Citrix Systems, Inc. offers Enterprise and Service Provider products, which include Workspace Services solutions and Delivery Networking products. The Company's Enterprise and Service Provider products include Cloud Services solutions, and related license updates and maintenance, support and professional services. The Company's NetScaler nCore Technology is an architecture that enables execution of multiple packet engines in parallel. The Company's workspace services include Application Virtualization and virtual desktop infrastructure (VDI), Enterprise Mobility Management and Citrix Workspace Suite. The Company's NetScaler ADC is a software-defined application delivery controller (ADC) and load balancer. The Company's Cloud Services include ShareFile and Citrix Cloud. It provides various ways for customers to receive upgrades, support and maintenance for products, which include Software Maintenance, Subscription Advantage, Technical Support Services and Hardware Maintenance.

Premarket

Last Trade
Delayed
$138.99
2.63 (1.93%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$136.36
Day's Change
0.00 (0.00%)
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
3,058

10-day average volume:
1,164,498
3,058

Qualcomm stock rallies on report of appeals court tossing out antitrust ruling

1:02 pm ET August 11, 2020 (MarketWatch)
Print

Qualcomm Inc. (QCOM) shares rallied Tuesday following a report that a U.S. appeals court overturned an antitrust ruling against the chip maker Qualcomm shares, which had earlier had been trading around $107, rallied 4.5% to $111.13 in recent trading after touching an intraday high of $112.01. On Tuesday, The Wall Street Journal reported (https://www.wsj.com/articles/u-s-appeals-court-throws-out-antitrust-ruling-against-qualcomm-11597163413) a federal appeals court tossed out a trial judge's ruling on the basis that the government hadn't proved Qualcomm had an illegal monopoly. Back in May, a federal judge sided with the Federal Trade Commission in an antitrust suit against Qualcomm, prompting analysts to fear the ruling could cut profits in half (http://www.marketwatch.com/story/qualcomm-stock-keeps-falling-amid-fears-that-ftc-ruling-could-cut-earnings-in-half-2019-05-23).

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 11, 2020 13:02 ET (17:02 GMT)

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