Shares of Citrix Systems Inc.
rallied 1.15% to $136.64 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.66% to 3,974.54 and the Dow Jones Industrial Average
rising 1.39% to 33,072.88. This was the stock’s second consecutive day of gains. Citrix Systems Inc. closed $36.92 short of its 52-week high ($173.56), which the company achieved on July 22nd.
The stock underperformed when compared to some of its competitors Friday, as Microsoft Corp.
rose 1.78% to $236.48, Adobe Inc.
rose 4.01% to $469.09, and Oracle Corp.
rose 2.36% to $70.25. Trading volume (994,779) remained 353,205 below its 50-day average volume of 1.3 M.
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