Citrix Q2 Earnings Beat, Spins off GoToMeeting; LogMeIn Surges 19%

Tech Trader Daily
By Tiernan RayJul 26, 2016, 5:02 pm159 pts
Shares of enterprise software provider Citrix Systems (CTXS) are down 53 cents, or half a percent, at $88.80, after the company this afternoon reported Q2 results above analysts’ expectations, and said it will merge its “GoToMeeting” unit with fellow software vendor LogMeIn (LOGM). LogMeIn stock, after…

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