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Sept. 29, 2021, 4:55 p.m. EDT

Fortinet Inc. stock rises Wednesday, outperforms market

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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.

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
$ 317.24
+25.20 +8.63%
Volume: 1.29M
Dec. 7, 2021 4:00p
P/E Ratio
95.38
Dividend Yield
N/A
Market Cap
$47.75 billion
Rev. per Employee
$314,931
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/zigman2/quotes/210599714/realtime
US : S&P US
4,686.75
+95.08 +2.07%
Volume: 2.48B
Dec. 7, 2021 5:05p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,719.43
+492.40 +1.40%
Volume: 482.89M
Dec. 7, 2021 5:05p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 58.08
+1.12 +1.97%
Volume: 24.25M
Dec. 7, 2021 4:00p
P/E Ratio
21.60
Dividend Yield
2.55%
Market Cap
$240.23 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 37.29
+0.61 +1.66%
Volume: 10.70M
Dec. 7, 2021 4:03p
P/E Ratio
6.85
Dividend Yield
2.68%
Market Cap
$42.56 billion
Rev. per Employee
N/A
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/zigman2/quotes/207599953/composite
US : U.S.: Nasdaq
$ 523.43
+22.21 +4.43%
Volume: 1.42M
Dec. 7, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$49.45 billion
Rev. per Employee
$406,388
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