Published on 29 Sep 2022 on Market Watch
Citrix Systems Inc. stock outperforms competitors on strong trading day
Shares of Citrix Systems Inc. inched 0.04% higher to $103.90 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.11% to 3,640.47 and Dow Jones Industrial Average falling 1.54% to 29,225.61. This was the stock's second consecutive day of gains. Citrix Systems Inc. closed $4.94 below its 52-week high ($108.84), which the company achieved on October 1st.
The stock outperformed some of its competitors Thursday, as Microsoft Corp. fell 1.48% to $237.50, Adobe Inc. fell 1.12% to $278.25, and Oracle Corp. fell 2.65% to $61.40. Trading volume (6.6 M) eclipsed its 50-day average volume of 1.1 M.