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)
05/21/201516:02:42Statement of Changes in Beneficial Ownership (4)
05/20/201517:57:00Citrix Executives to Present at Upcoming Investor Conference
05/20/201517:42:07Statement of Changes in Beneficial Ownership (4)
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201508:00:00Citrix and Mirantis Team To Bring Products Powering Largest Cloud...
05/14/201510:14:00CORRECTING and REPLACING Aer Lingus Wins the 2015 Citrix Innovation...
05/13/201511:33:31Statement of Changes in Beneficial Ownership (4)
05/12/201512:00:00Aer Lingus Wins the 2015 Citrix Innovation Award
05/12/201509:32:00Citrix Unveils Citrix Workspace Cloud - the Future of On-Demand...
05/12/201509:30:00Citrix Leads Enterprise File Sharing with New Consumer-Style...
05/12/201509:30:00Citrix Unveils Networking Vision of the Workspace Delivery Controller
05/12/201509:30:00Citrix Empowers Businesses with New Enterprise Mobility Management...
05/12/201509:30:00Citrix Extends Lead in App Delivery and VDI with New Innovations...
05/12/201509:25:00Citrix Outlines Vision for IT Transformation
05/11/201511:54:56Additional Proxy Soliciting Materials (definitive) (defa14a)
05/08/201513:34:20Quarterly Report (10-q)
05/08/201511:38:28Statement of Changes in Beneficial Ownership (4)
05/05/201511:38:14Statement of Changes in Beneficial Ownership (4)
04/30/201517:40:28SunTrust Initiates Coverage on Citrix Systems (CTXS)
04/29/201516:06:50Statement of Changes in Beneficial Ownership (4)

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