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Nov. 3, 2021, 4:55 p.m. EDT

Fortinet Inc. stock rises Wednesday, still underperforms market

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT -0.36% inched 0.45% higher to $329.92 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 -1.51% rising 0.65% to 4,660.57 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.58% rising 0.29% to 36,157.58. This was the stock's second consecutive day of gains. Fortinet Inc. closed $15.33 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 Wednesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -2.93% rose 0.05% to $57.65 and HP Inc. /zigman2/quotes/203461582/composite HPQ -1.41% rose 0.77% to $31.25. Trading volume (680,290) remained 199,861 below its 50-day average volume of 880,151.

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
$ 311.40
-1.14 -0.36%
Volume: 98,932
Jan. 18, 2022 9:48a
P/E Ratio
92.07
Dividend Yield
N/A
Market Cap
$51.10 billion
Rev. per Employee
$379,534
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/zigman2/quotes/210599714/realtime
US : S&P US
4,592.39
-70.46 -1.51%
Volume: 303.01M
Jan. 18, 2022 9:48a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,343.92
-567.89 -1.58%
Volume: 48.85M
Jan. 18, 2022 9:48a
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 59.56
-1.80 -2.93%
Volume: 1.81M
Jan. 18, 2022 9:48a
P/E Ratio
22.18
Dividend Yield
2.48%
Market Cap
$258.79 billion
Rev. per Employee
$638,855
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 37.88
-0.54 -1.41%
Volume: 286,555
Jan. 18, 2022 9:48a
P/E Ratio
6.99
Dividend Yield
2.63%
Market Cap
$41.60 billion
Rev. per Employee
$1.25M
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