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Nov. 17, 2021, 4:54 p.m. EST

Fortinet Inc. stock outperforms competitors on strong trading day

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT -0.26% inched 0.10% higher to $341.35 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.57% falling 0.26% to 4,688.67 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.58% falling 0.58% to 35,931.05. This was the stock's second consecutive day of gains. Fortinet Inc. closed $14.00 below its 52-week high ($355.35), which the company reached on November 8th.

The stock outperformed some of its competitors Wednesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -2.66% fell 0.42% to $56.76 and HP Inc. /zigman2/quotes/203461582/composite HPQ -1.39% fell 0.90% to $30.93. Trading volume (716,341) remained 169,840 below its 50-day average volume of 886,181.

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
US : U.S.: Nasdaq
$ 311.72
-0.82 -0.26%
Volume: 138,728
Jan. 18, 2022 9:56a
P/E Ratio
94.06
Dividend Yield
N/A
Market Cap
$51.10 billion
Rev. per Employee
$379,534
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/zigman2/quotes/210599714/realtime
US : S&P US
4,589.86
-72.99 -1.57%
Volume: 373.96M
Jan. 18, 2022 9:56a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,343.39
-568.42 -1.58%
Volume: 59.41M
Jan. 18, 2022 9:56a
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 59.73
-1.64 -2.66%
Volume: 2.32M
Jan. 18, 2022 9:56a
P/E Ratio
22.18
Dividend Yield
2.48%
Market Cap
$258.79 billion
Rev. per Employee
$638,855
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 37.89
-0.53 -1.39%
Volume: 453,512
Jan. 18, 2022 9:56a
P/E Ratio
6.99
Dividend Yield
2.63%
Market Cap
$41.60 billion
Rev. per Employee
$1.25M
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