Something is definitely brewing...

Citrix is always a market follower, never a market leader. That means if the market goes up 2% then Citrix will go up by no more then 0.5% . The market went up by 0.56% but Citrix is up well over 4.0% so this is very unusual.

Citrix is not a market leader so today's increase is very abnormal. It means there are additional forces at work. Starting coverage by Wells Fargo would not explain this massive surge, it must be other news that blue horseshoe has that we don't know of yet.

Everything is so quiet you can hear a pin drop at the office today, something is definitely going on...

Bumped from @PyRVgty-yzi for making a good point.

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layoffs must make shareholders happy

and 4-reduce overhead expenses by eliminating employees and entire location expenses

The share increase is well explained by analysts: 1 - market expects us to outperform with Customer Success Services offerings (better than what we guided). 2 - our PE ratio is too low compared to peers; feeling is that it should be higher with minimal downside risk as it is already on the floor, and 3 - they expect Citrix to get more leveraged and return money to shareholders (get more debt and repurchase more shares - which drives up share price).

It is just a coincidence that the events are happening at the same time. Will be interesting to see how the market reacts once we formally announce.

Thread regarding Citrix Systems Inc. layoffs

Something is definitely brewing...

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