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What: Shares of virtualization specialist Citrix Systems
So what: The gloomy figures have triggered a broad sell-off within technology companies due to concerns over business technology spending. Oracle said its customers didn't mention reduced budgets, but that hasn't stopped software investors from fearing the worst.
Now what: Other tech stocks getting hammered include CommVault Systems
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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Oracle. Motley Fool newsletter services have recommended buying shares of TIBCO Software and VMware. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.