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Nov. 12, 2021, 4:54 p.m. EST

Fortinet Inc. stock rises Friday, outperforms market

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +2.80% advanced 1.57% to $342.17 Friday, 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 +0.98% rising 0.72% to 4,682.85 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.78% rising 0.50% to 36,100.31. This was the stock's second consecutive day of gains. Fortinet Inc. closed $13.18 below its 52-week high ($355.35), which the company reached on November 8th.

The stock outperformed some of its competitors Friday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +0.18% rose 0.11% to $56.82 and HP Inc. /zigman2/quotes/203461582/composite HPQ -0.30% rose 0.41% to $31.82. Trading volume (575,897) remained 322,062 below its 50-day average volume of 897,959.

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
$ 315.76
+8.60 +2.80%
Volume: 131,457
Jan. 20, 2022 10:05a
P/E Ratio
94.89
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
4,577.40
+44.64 +0.98%
Volume: 361.81M
Jan. 20, 2022 10:05a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,301.64
+272.99 +0.78%
Volume: 53.90M
Jan. 20, 2022 10:05a
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 59.01
+0.11 +0.18%
Volume: 1.30M
Jan. 20, 2022 10:05a
P/E Ratio
21.94
Dividend Yield
2.51%
Market Cap
$251.92 billion
Rev. per Employee
$638,855
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 36.49
-0.11 -0.30%
Volume: 876,550
Jan. 20, 2022 10:05a
P/E Ratio
6.68
Dividend Yield
2.75%
Market Cap
$40.74 billion
Rev. per Employee
$1.25M
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