During the March Meltdown, Why Did Citrix Go Up 10%? [The Motley Fool]
Citrix Systems, Inc. (CTXS)
Last citrix systems, inc. earnings: 4/23 07:05 am
Check Earnings Report
US:NASDAQ Investor Relations:
investors.citrix.com/investor-relations
Company Research
Source: The Motley Fool
What happenedThe month of March will be remembered as a transformative one for businesses everywhere, andCitrixSystems(NASDAQ:CTXS Global Market IntelligenceAs the coronavirus crisis reached pandemic status and people were directed to stay at home by government mandates, businesses adapted to remote work. Citrix, known for virtual private networking (VPN) software that lets users remotely access work computers and networks over an encrypted connection, became a go-to tool for home-based employees.The company already had wide acceptance. With 09 annual revenue of $.0 billion, Citrix solutions are in use by more than 00,000 organizations, including 99% of the Fortune 00. But demand is exploding as it becomes apparent that employees all across the globe will be working from home for at least the next month, and probably longer.Image source: Getty Images.So whatThe COVID-9 crisis forced a lot of changes upon businesses. Operational fundamentals had to be reworked, and some changes will be
Show less
Read more
Impact Snapshot
Event Time:
CTXS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTXS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTXS alerts
High impacting Citrix Systems, Inc. news events
Weekly update
A roundup of the hottest topics