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Sept. 15, 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 +0.47% inched 0.32% higher to $301.53 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 +0.75% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.09% rising 0.68% to 34,814.39. This was the stock's second consecutive day of gains. Fortinet Inc. closed $20.47 short of its 52-week high ($322.00), which the company achieved on September 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cisco Systems Inc. /zigman2/quotes/209509471/composite CSCO -0.72% fell 0.54% to $57.56, HP Inc. /zigman2/quotes/203461582/composite HPQ +2.87% rose 1.42% to $27.95, and Palo Alto Networks Inc. /zigman2/quotes/207599953/composite PANW +0.97% fell 1.01% to $479.94. Trading volume (1.0 M) eclipsed its 50-day average volume of 946,170.

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
$ 315.29
+1.48 +0.47%
Volume: 739,516
Oct. 15, 2021 4:00p
P/E Ratio
101.75
Dividend Yield
N/A
Market Cap
$51.49 billion
Rev. per Employee
$314,931
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,471.37
+33.11 +0.75%
Volume: 2.05B
Oct. 15, 2021 4:46p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,294.76
+382.20 +1.09%
Volume: 327.87M
Oct. 15, 2021 4:46p
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/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 55.25
-0.40 -0.72%
Volume: 15.20M
Oct. 15, 2021 4:00p
P/E Ratio
22.11
Dividend Yield
2.68%
Market Cap
$233.03 billion
Rev. per Employee
$626,642
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/zigman2/quotes/203461582/composite
US : U.S.: NYSE
$ 28.28
+0.79 +2.87%
Volume: 14.07M
Oct. 15, 2021 4:04p
P/E Ratio
8.76
Dividend Yield
2.74%
Market Cap
$32.59 billion
Rev. per Employee
$1.07M
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/zigman2/quotes/207599953/composite
US : U.S.: NYSE
$ 507.85
+4.87 +0.97%
Volume: 1.16M
Oct. 15, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$49.47 billion
Rev. per Employee
$406,388
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