Citrix Systems Inc. Stock Rises Wednesday, Outperforms Market
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Shares of Citrix Systems Inc. (CTXS) rose 3.66% to $104.70 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. This was the stock's third consecutive day of gains. Citrix Systems Inc. closed $40.49 below its 52-week high ($145.19), which the company reached on January 27th.
The stock outperformed some of its competitors Wednesday, as Microsoft Corp. (MSFT) rose 0.22% to $303.33, Adobe Inc. (ADBE) rose 0.63% to $516.58, and Oracle Corp. (ORCL) fell 2.54% to $83.38. Trading volume (2.7 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2022.
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January 19, 2022 16:47 ET (21:47 GMT)
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