Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +8.63% inched 0.33% higher to $288.83 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +2.07% rising 0.16% to 4,359.46 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.40% rising 0.26% to 34,390.72. The stock's rise snapped a two-day losing streak. Fortinet Inc. closed $33.17 below its 52-week high ($322.00), which the company reached on September 7th.
The stock outperformed some of its competitors Wednesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +1.97% fell 0.07% to $55.48, HP Inc. /zigman2/quotes/203461582/composite HPQ +1.66% fell 4.44% to $27.31, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW +4.43% fell 0.69% to $473.07. Trading volume (1.1 M) eclipsed its 50-day average volume of 962,270.