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Oct. 19, 2021, 4:55 p.m. EDT

Fortinet Inc. stock rises Tuesday, outperforms market

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT -1.76% rose 1.65% to $332.12 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 -2.27% rising 0.74% to 4,519.63 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -2.53% rising 0.56% to 35,457.31. This was the stock's fifth consecutive day of gains. Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $326.89, which the company reached on October 18th.

The stock outperformed some of its competitors Tuesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -1.57% rose 1.00% to $55.74, HP Inc. /zigman2/quotes/203461582/composite HPQ -2.43% rose 0.91% to $28.86, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -3.00% fell 0.52% to $512.49. Trading volume (895,446) eclipsed its 50-day average volume of 886,838.

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
$ 327.39
-5.85 -1.76%
Volume: 647,150
Nov. 26, 2021 1:00p
P/E Ratio
98.43
Dividend Yield
N/A
Market Cap
$53.53 billion
Rev. per Employee
$314,931
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,594.62
-106.84 -2.27%
Volume: 2.10B
Nov. 26, 2021 2:12p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,899.34
-905.04 -2.53%
Volume: 325.39M
Nov. 26, 2021 2:12p
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 54.67
-0.87 -1.57%
Volume: 16.73M
Nov. 26, 2021 1:00p
P/E Ratio
20.35
Dividend Yield
2.71%
Market Cap
$230.58 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 34.58
-0.86 -2.43%
Volume: 9.29M
Nov. 26, 2021 1:10p
P/E Ratio
10.71
Dividend Yield
2.89%
Market Cap
$39.85 billion
Rev. per Employee
$1.07M
loading...
/zigman2/quotes/207599953/composite
US : U.S.: Nasdaq
$ 533.24
-16.48 -3.00%
Volume: 674,033
Nov. 26, 2021 1:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$52.61 billion
Rev. per Employee
$406,388
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