Fortinet Inc. stock outperforms competitors on strong trading day

MarketWatch Automation

Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +1.42% rallied 1.12% to $336.88 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.47% rising 0.06% to 4,649.27 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.11% falling 0.44% to 35,921.23. The stock's rise snapped a two-day losing streak. Fortinet Inc. closed $18.47 short of its 52-week high ($355.35), which the company reached on November 8th.

The stock outperformed some of its competitors Thursday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +1.54% fell 1.75% to $56.76 and HP Inc. /zigman2/quotes/203461582/composite HPQ +3.08% rose 0.54% to $31.69. Trading volume (660,732) remained 240,307 below its 50-day average volume of 901,039.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/205733290/composite

Add to watchlist FTNT

Fortinet Inc.

US : U.S.: Nasdaq

$ 53.85

+0.76 +1.42%

Volume: 6.79M

Feb. 2, 2023 4:00p

P/E Ratio

59.10

Dividend Yield

N/A

Market Cap

$41.48 billion

Rev. per Employee

$401,962

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,179.76

+60.55 +1.47%

Volume: 0.00

Feb. 2, 2023 5:04p

/zigman2/quotes/210598065/realtime

Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

34,053.94

-39.02 -0.11%

Volume: 0.00

Feb. 2, 2023 5:04p

/zigman2/quotes/209509471/composite

Add to watchlist CSCO

Cisco Systems Inc.

US : U.S.: Nasdaq

$ 49.32

+0.75 +1.54%

Volume: 17.88M

Feb. 2, 2023 4:00p

P/E Ratio

17.83

Dividend Yield

3.08%

Market Cap

$199.53 billion

Rev. per Employee

$627,719

/zigman2/quotes/203461582/composite

Add to watchlist HPQ

HP Inc.

US : U.S.: NYSE

$ 30.79

+0.92 +3.08%

Volume: 6.46M

Feb. 2, 2023 4:04p

P/E Ratio

10.22

Dividend Yield

3.41%

Market Cap

$29.34 billion

Rev. per Employee

$1.07M