Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +1.51% 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 +0.08% rising 0.06% to 4,649.27 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.56% 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 -0.23% fell 1.75% to $56.76 and HP Inc. /zigman2/quotes/203461582/composite HPQ -0.72% rose 0.54% to $31.69. Trading volume (660,732) remained 240,307 below its 50-day average volume of 901,039.