Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT -1.76% advanced 2.04% to $298.00 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -2.27% rising 1.15% to 4,357.04 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -2.53% rising 1.43% to 34,326.46. This was the stock's third consecutive day of gains. Fortinet Inc. closed $24.00 short of its 52-week high ($322.00), which the company achieved on September 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -1.57% rose 1.30% to $55.14, HP Inc. /zigman2/quotes/203461582/composite HPQ -2.43% rose 2.60% to $28.07, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -3.00% rose 1.57% to $486.51. Trading volume (893,168) remained 76,369 below its 50-day average volume of 969,537.