DJ Fortinet Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Fortinet Inc. $(FTNT)$ advanced 1.83% to $92.45 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's rise snapped a five-day losing streak.
Fortinet Inc. closed $8.14 short of its 52-week high ($100.59), which the company achieved on November 13th.
The stock outperformed some of its competitors Wednesday, as Cisco Systems Inc. $(CSCO)$ rose 0.86% to $57.50, CrowdStrike Holdings Inc. Cl A $(CRWD)$ fell 0.89% to $350.15, and Palo Alto Networks Inc. (PANW) rose 1.24% to $392.89.
Trading volume (5.0 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:48 ET (21:48 GMT)
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