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Nov. 16, 2021, 4:54 p.m. EST

Fortinet Inc. stock outperforms market on strong trading day

MarketWatch Automation

Shares of Fortinet Inc. (NAS:FTNT) 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 (S&P:SPX) rising 0.39% to 4,700.90 and the Dow Jones Industrial Average (DOW:DJIA) 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. (NAS:CSCO) fell 0.47% to $57.00 and HP Inc. (NYS:HPQ) 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.

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