ADVFN - Advanced Financial Network.
HOME» NASDAQ » C » CTXS Stock Price » CTXS Stock News

Citrix Share News

 Citrix Systems (mm) Stock Price
CTXS Stock Price
 Citrix Systems (mm) Stock Chart
CTXS Stock Chart
 Citrix Systems (mm) Stock News
CTXS Stock News
 Citrix Systems (mm) Company Information
CTXS Company Information
 Citrix Systems (mm) Stock Trades
CTXS Stock Trades

TECH STOCKS: Akamai Falls, But Nasdaq Ekes Out Gain

By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) -- Shares of Akamai Technologies Inc. tumbled Thursday, after the company issued a muted forecast, but the tech sector rallied to push the Nasdaq Composite Index into positive territory. Akamai (AKAM) fell 14.7% to close at $34.94, the leading decliner on the S&P 500 Index. However, the S&P 500 (SPX) rose 0.4% to close at 1,360, , thanks to gains in shares of Citrix Systems Inc. (CTXS) which jumped 9.7% to close at $85.37 after the information-technology-services company reported upbeat results. Citrix was one of the S&P 500's top gainers. "Guidance appears conservative and we see upside to estimates in the second half of 2011," said Lazard Capital Markets analyst Joel Fishbein said in a note. "Customer activity and pipeline are at record levels, and Citrix continues to have good momentum on the back of strong execution." The Nasdaq Composite Index (RIXF) edged higher by 0.1% to close at 2,873. But the Morgan Stanley High Tech 35 Index (MSH) was down 0.4%, while the Philadelphia Semiconductor Index (SOX) slid 0.7%. The tech sector also took a hit from shares of Teradyne Inc. (TER), which were down 12.4% to close at $16.03 a day after the electronic production equipment maker reported a jump in quarterly profit, but issued a weaker-than-expected forecast.

Stock News for Citrix (CTXS)
06/17/201519:49:28Why An Exit Plan Is Just The Beginning
06/15/201516:46:38Statement of Changes in Beneficial Ownership (4)
06/11/201516:54:08Elliott Management Pushes for Change at Citrix -- 2nd Update
06/11/201515:55:00Citrix Comments on Letter from Elliott Management
06/11/201514:04:33Elliott Management Pushes for Change at Citrix -- Update
06/11/201513:49:00Citrix Named a Leader in the Magic Quadrant for Enterprise Mobility...
06/11/201510:30:17Elliott Management Pushes for Change at Citrix
06/11/201508:50:48Statement of Beneficial Ownership (sc 13d)
06/11/201508:38:00Elliott Sends Letter to Citrix Board of Directors
06/03/201512:07:44Statement of Changes in Beneficial Ownership (4)
06/03/201511:09:51Statement of Changes in Beneficial Ownership (4)
06/03/201511:07:47Statement of Changes in Beneficial Ownership (4)
06/03/201511:02:15Statement of Changes in Beneficial Ownership (4)
06/03/201510:59:04Statement of Changes in Beneficial Ownership (4)
06/03/201510:53:18Statement of Changes in Beneficial Ownership (4)
06/03/201510:46:33Statement of Changes in Beneficial Ownership (4)
06/03/201510:42:29Statement of Changes in Beneficial Ownership (4)
06/03/201510:39:21Statement of Changes in Beneficial Ownership (4)
06/02/201517:03:05Statement of Changes in Beneficial Ownership (4)
06/01/201516:14:01Current Report Filing (8-k)

Citrix Systems and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations