Citrix Systems Inc. Stock Falls Thursday, Underperforms Market

Cinemark Holdings Inc

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Company profile

Cinemark Holdings, Inc. is primarily engaged in providing motion picture exhibitions. The Company operates through two segments: U.S. markets and international markets. It operates approximately 522 theatres and over 5,868 screens in the United States and Latin America. In the United States, the Company provides circuits in over 321 theatres and approximately 4,408 screens, and its international circuit has over 201 theatres and approximately 1,460 screens across 15 countries. It plays mainstream films from many different genres, such as animated films, family films, dramas, comedies, horror and action films. The Company offers content in both two-dimensional (2-D) and two-dimensional (3-D) formats in all of its theatres. The Company has theatres in the United States, Brazil, Argentina, Chile, Colombia, Ecuador, Peru, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay.

Citrix Systems Inc. Stock Falls Thursday, Underperforms Market

4:48 pm ET January 27, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Citrix Systems Inc. (CTXS) shed 1.73% to $100.71 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.54% to 4,326.51 and Dow Jones Industrial Average falling 0.02% to 34,160.78. Citrix Systems Inc. closed $43.76 below its 52-week high ($144.47), which the company achieved on April 21st.

The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. (MSFT) rose 1.05% to $299.84, Adobe Inc. (ADBE) fell 1.55% to $493.05, and Oracle Corp. (ORCL) rose 0.24% to $79.78. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2022.

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January 27, 2022 16:48 ET (21:48 GMT)