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Sept. 9, 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 +1.65% inched 0.50% higher to $310.74 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 +0.74% falling 0.46% to 4,493.28 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.56% falling 0.43% to 34,879.38. The stock's rise snapped a two-day losing streak. Fortinet Inc. closed $11.26 short of its 52-week high ($322.00), which the company achieved on September 7th.

The stock outperformed some of its competitors Thursday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO +1.00% fell 0.14% to $58.60, HP Inc. /zigman2/quotes/203461582/composite HPQ +0.91% rose 0.07% to $28.21, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW -0.52% rose 0.17% to $466.50. Trading volume (812,989) remained 122,788 below its 50-day average volume of 935,777.

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
$ 332.12
+5.38 +1.65%
Volume: 909,617
Oct. 19, 2021 4:00p
P/E Ratio
107.18
Dividend Yield
N/A
Market Cap
$53.36 billion
Rev. per Employee
$314,931
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,519.63
+33.17 +0.74%
Volume: 1.70B
Oct. 19, 2021 5:05p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,457.31
+198.70 +0.56%
Volume: 281.26M
Oct. 19, 2021 5:05p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 55.74
+0.55 +1.00%
Volume: 13.26M
Oct. 19, 2021 4:00p
P/E Ratio
22.31
Dividend Yield
2.66%
Market Cap
$232.78 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 28.86
+0.26 +0.91%
Volume: 8.70M
Oct. 19, 2021 4:03p
P/E Ratio
8.94
Dividend Yield
2.69%
Market Cap
$32.96 billion
Rev. per Employee
$1.07M
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/zigman2/quotes/207599953/composite
US : U.S.: NYSE
$ 512.49
-2.68 -0.52%
Volume: 827,275
Oct. 19, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$50.18 billion
Rev. per Employee
$406,388
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