Fortinet Inc. stock rises Tuesday, outperforms market

MarketWatch Automation

Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +2.53% rose 1.33% to $328.43 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.46% rising 0.37% to 4,630.65 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% rising 0.39% to 36,052.63. Fortinet Inc. closed $16.82 short of its 52-week high ($345.25), which the company achieved on October 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +0.93% rose 2.71% to $57.62 and HP Inc. /zigman2/quotes/203461582/composite HPQ +1.11% fell 0.77% to $31.01. Trading volume (759,671) remained 126,003 below its 50-day average volume of 885,674.

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