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Nov. 8, 2021, 4:54 p.m. EST

Fortinet Inc. stock outperforms market on strong trading day

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +2.12% rallied 2.93% to $351.19 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.86% rising 0.09% to 4,701.70 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.71% rising 0.29% to 36,432.22. This was the stock's fifth consecutive day of gains. Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $349.23, which the company reached on November 5th.

The stock outperformed some of its competitors Monday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -0.40% fell 0.12% to $57.00 and HP Inc. /zigman2/quotes/203461582/composite HPQ -0.05% fell 1.10% to $31.60. Trading volume (1.3 M) eclipsed its 50-day average volume of 901,949.

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
$ 313.67
+6.51 +2.12%
Volume: 182,146
Jan. 20, 2022 10:20a
P/E Ratio
94.96
Dividend Yield
N/A
Market Cap
$50.43 billion
Rev. per Employee
$379,534
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/zigman2/quotes/210599714/realtime
US : S&P US
4,571.62
+38.86 +0.86%
Volume: 456.86M
Jan. 20, 2022 10:20a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,278.84
+250.19 +0.71%
Volume: 67.41M
Jan. 20, 2022 10:20a
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 58.66
-0.24 -0.40%
Volume: 1.83M
Jan. 20, 2022 10:20a
P/E Ratio
21.96
Dividend Yield
2.51%
Market Cap
$248.42 billion
Rev. per Employee
$638,855
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 36.58
-0.02 -0.05%
Volume: 1.35M
Jan. 20, 2022 10:20a
P/E Ratio
6.70
Dividend Yield
2.74%
Market Cap
$40.74 billion
Rev. per Employee
$1.25M
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