Citrix Systems Inc. stock outperforms competitors despite losses on the day

Citrix Systems Inc. stock outperforms competitors despite losses on the day

Shares of Citrix Systems Inc. CTXS, -0.97% slumped 0.97% to $100.02 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -3.20% falling 3.20% to 3,991.24 and Dow Jones Industrial Average DJIA, -1.99% falling 1.99% to 32,245.70. This was the stock’s third consecutive day of losses. Citrix Systems Inc. closed $21.85 short of its 52-week high ($121.87), which the company reached on June 14th.

Despite its losses, the stock outperformed some of its competitors Monday, as Microsoft Corp. MSFT, -3.69% fell 3.69% to $264.58, Adobe Inc. ADBE, -3.61% fell 3.61% to $376.91, and Oracle Corp. ORCL, -1.31% fell 1.31% to $71.54.true Trading volume (1.4 M) remained 323,522 below its 50-day average volume of 1.7 M.

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