Thread regarding Citrix Systems Inc. layoffs

Citrix buys wrike and stock collapses $8.07

Looks like Wall Street has spoken the acquisition of wrike was a bad idea and the stock is collapsing as a result while all the peers are up 30%.
Oh well another failed acquisition and plenty of layoff coming in 2021, but executive bonuses will still be paid for running this company into the ground.
God bless you all

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Post ID: @OP+199ZYIsD

5 replies (most recent on top)

The stock continues to collapse. Look forward to a major announcement soon.

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Post ID: @1rpjr+199ZYIsD

Sh–eless stock is down over the past 12 months when the S&P are up 35% in the same time period.
This is a pure reflection of the exec mismanagement and incompetence.
It was hard not to make money over the past year but somehow sh–eless execs did it by stuffing their wallets and culling employees.
The morale is so bad in this company...

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Post ID: @Uiyh+199ZYIsD

CTXS Stock keeps falling like a rock while all the peers are shooting up. Look at how much the nasdaq and S&P have risen while CTXS stock has plummeted .
CTXS is a done t–d...hopeless and full of anguish .

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Post ID: @allz+199ZYIsD

Down another $3.07 today. The CTXS stock is collapsing, no support left.
Open your eyes and take off the blindfold

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Post ID: @1nno+199ZYIsD

The stock was at $135 on the day of the announcement, a week or so later it is at $136. What are you talking about?

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Post ID: @eqx+199ZYIsD

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