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Aug. 26, 2021, 4:55 p.m. EDT

Fortinet Inc. stock rises Thursday, outperforms market

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Shares of Fortinet Inc. /zigman2/quotes/205733290/composite FTNT +2.11% advanced 1.34% to $310.13 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.98% falling 0.58% to 4,470.00 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.68% falling 0.54% to 35,213.12. This was the stock's second consecutive day of gains. Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $309.79, which the company achieved on August 12th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +0.11% fell 0.25% to $59.20, HP Inc. /zigman2/quotes/203461582/composite HPQ +2.53% fell 0.99% to $29.10, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW +1.12% rose 2.32% to $457.44. Trading volume (730,671) remained 212,413 below its 50-day average volume of 943,084.

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
$ 327.38
+6.77 +2.11%
Volume: 567,956
Oct. 28, 2021 4:00p
P/E Ratio
105.65
Dividend Yield
N/A
Market Cap
$52.36 billion
Rev. per Employee
$314,931
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/zigman2/quotes/210599714/realtime
US : S&P US
4,596.42
+44.74 +0.98%
Volume: 2.15B
Oct. 28, 2021 4:20p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,730.48
+239.79 +0.68%
Volume: 337.40M
Oct. 28, 2021 4:20p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 56.24
+0.06 +0.11%
Volume: 10.56M
Oct. 28, 2021 4:00p
P/E Ratio
22.51
Dividend Yield
2.63%
Market Cap
$236.95 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 30.45
+0.75 +2.53%
Volume: 7.01M
Oct. 28, 2021 4:03p
P/E Ratio
9.43
Dividend Yield
2.55%
Market Cap
$34.23 billion
Rev. per Employee
$1.07M
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/zigman2/quotes/207599953/composite
US : U.S.: Nasdaq
$ 498.39
+5.53 +1.12%
Volume: 725,167
Oct. 28, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$48.01 billion
Rev. per Employee
$484,742
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