Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT -1.76% inched 0.27% higher to $334.34 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -2.27% rising 0.30% to 4,549.78 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -2.53% falling 0.02% to 35,603.08. This was the stock's seventh consecutive day of gains. Fortinet Inc. closed $2.27 short of its 52-week high ($336.61), which the company reached on October 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -1.57% fell 0.91% to $55.69, HP Inc. /zigman2/quotes/203461582/composite HPQ -2.43% rose 6.93% to $30.57, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -3.00% fell 0.77% to $508.00. Trading volume (621,373) remained 263,760 below its 50-day average volume of 885,133.