BENSALEM, Pa., December 06, 2021–(BUSINESS WIRE)–Law Offices of Howard G. Smith reminds investors of the upcoming January 18, 2022 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Citrix Systems, Inc. (“Citrix” or the “Company”) (NASDAQ: CTXS) common stock between January 22, 2020 and October 6, 2021, inclusive (the “Class Period”).
Investors suffering losses on their Citrix investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to firstname.lastname@example.org.
On April 29, 2021, before the market opened, Citrix announced that customers did not transition from shorter-duration, on-premise licenses to long-term cloud accounts as expected. Instead, many customers moved on to another short-term on-premise license, citing the COVID-19 pandemic.
On this news, Citrix’s stock fell $10.49, or 7.6%, to close at $128.02 per share on April 29,…