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Oct. 20, 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 -3.56% inched 0.40% higher to $333.45 Wednesday, 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 +1.17% rising 0.37% to 4,536.19 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.87% rising 0.43% to 35,609.34. This was the stock's sixth consecutive day of gains. Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $333.09, which the company achieved on October 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +1.30% rose 0.83% to $56.20, HP Inc. /zigman2/quotes/203461582/composite HPQ -1.65% fell 0.94% to $28.59, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -3.77% fell 0.11% to $511.92. Trading volume (706,449) remained 184,136 below its 50-day average volume of 890,585.

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
$ 292.04
-10.78 -3.56%
Volume: 2.26M
Dec. 6, 2021 4:00p
P/E Ratio
87.80
Dividend Yield
N/A
Market Cap
$49.51 billion
Rev. per Employee
$314,931
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/zigman2/quotes/210599714/realtime
US : S&P US
4,591.67
+53.24 +1.17%
Volume: 2.58B
Dec. 6, 2021 5:09p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,227.03
+646.95 +1.87%
Volume: 418.75M
Dec. 6, 2021 5:09p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 56.96
+0.73 +1.30%
Volume: 23.17M
Dec. 6, 2021 4:00p
P/E Ratio
21.18
Dividend Yield
2.60%
Market Cap
$237.16 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 36.93
-0.62 -1.65%
Volume: 12.22M
Dec. 6, 2021 4:02p
P/E Ratio
6.78
Dividend Yield
2.71%
Market Cap
$43.28 billion
Rev. per Employee
N/A
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/zigman2/quotes/207599953/composite
US : U.S.: Nasdaq
$ 501.22
-19.64 -3.77%
Volume: 2.07M
Dec. 6, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$51.39 billion
Rev. per Employee
$406,388
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