Fortinet Inc. stock outperforms market on strong trading day

MarketWatch Automation

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

Add to watchlist FTNT

Fortinet Inc.

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

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,076.60

+58.83 +1.46%

Volume: 0.00

Jan. 31, 2023 5:00p

/zigman2/quotes/210598065/realtime

Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

34,086.04

+368.95 +1.09%

Volume: 0.00

Jan. 31, 2023 5:00p

/zigman2/quotes/209509471/composite

Add to watchlist CSCO

Cisco Systems Inc.

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

/zigman2/quotes/203461582/composite

Add to watchlist HPQ

HP Inc.

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