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Nov. 16, 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 +2.53% rallied 1.75% to $341.01 Tuesday, 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 +1.46% rising 0.39% to 4,700.90 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% rising 0.15% to 36,142.22. Fortinet Inc. closed $14.34 short of its 52-week high ($355.35), which the company achieved on November 8th.

The stock outperformed some of its competitors Tuesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +0.93% fell 0.47% to $57.00 and HP Inc. /zigman2/quotes/203461582/composite HPQ +1.11% fell 0.45% to $31.21. Trading volume (633,127) remained 261,095 below its 50-day average volume of 894,222.

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
$ 52.34
+1.29 +2.53%
Volume: 6.03M
Jan. 31, 2023 4:00p
P/E Ratio
57.45
Dividend Yield
N/A
Market Cap
$39.88 billion
Rev. per Employee
$401,962
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/zigman2/quotes/210599714/realtime
US : S&P US
4,076.60
+58.83 +1.46%
Volume: 0.00
Jan. 31, 2023 5:00p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,086.04
+368.95 +1.09%
Volume: 0.00
Jan. 31, 2023 5:00p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 48.67
+0.45 +0.93%
Volume: 16.82M
Jan. 31, 2023 4:00p
P/E Ratio
17.60
Dividend Yield
3.12%
Market Cap
$198.09 billion
Rev. per Employee
$627,719
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 29.14
+0.32 +1.11%
Volume: 5.88M
Jan. 31, 2023 4:03p
P/E Ratio
9.67
Dividend Yield
3.60%
Market Cap
$28.31 billion
Rev. per Employee
$1.07M
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