Citrix Systems Inc. Stock Rises Friday, Outperforms Market

Traack Technologies Inc

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Company profile

Traack Technologies Inc., formerly Nvest Inc, is engaged in developing cutting edge wireless technologies. The Company develops cutting edge wireless technologies for the Internet of things (IoT), Industrial Internet of Things (IIoT), low power wide area (LPWA), low power sensor to satellite (LP-S2S), real time location systems (RTLS) markets. It offers its products and applications for supply chain management, freight logistics, and asset tracking, monitoring, and recovery. The Company's personal tracker Traack Nano is a location-aware, anytime-anywhere Compact Autonomous Sensor Array with multiple personalities. The Company’s Traack Asset Tags provide an all-in-one solution to manage a fleet with both vehicles and equipment, by giving fleet managers critical business intelligence to stay efficient. It also provides Traack management system (TMS), which securely integrates edge devices, network, and cloud application programming interface (API) into a single solution.

Citrix Systems Inc. Stock Rises Friday, Outperforms Market

4:48 pm ET January 28, 2022 (MarketWatch) Print

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

Shares of Citrix Systems Inc. (CTXS) rose 4.81% to $105.55 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.43% to 4,431.85 and the Dow Jones Industrial Average rising 1.65% to 34,725.47. Citrix Systems Inc. closed $38.92 short of its 52-week high ($144.47), which the company achieved on April 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 2.81% to $308.26, Adobe Inc. (ADBE) rose 5.09% to $518.16, and Oracle Corp. (ORCL) rose 0.88% to $80.48. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 28, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

January 28, 2022 16:48 ET (21:48 GMT)