Citrix Systems Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Citrix Systems Inc. (CTXS) slid 1.27% to $101.12 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. This was the stock's second consecutive day of losses. Citrix Systems Inc. closed $44.07 below its 52-week high ($145.19), which the company reached on January 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) fell 1.85% to $296.03, Adobe Inc. (ADBE) fell 2.14% to $499.91, and Oracle Corp. (ORCL) fell 0.60% to $82.22. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
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January 21, 2022 16:47 ET (21:47 GMT)
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