DJ Fortinet Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Fortinet Inc. $(FTNT)$ advanced 2.79% to $97.00 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Fortinet Inc. closed 15.52% below its 52-week high of $114.82, which the company reached on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cisco Systems Inc. $(CSCO)$ rose 1.07% to $55.63, CrowdStrike Holdings Inc. Cl A $(CRWD)$ rose 4.70% to $385.75, and Palo Alto Networks Inc. (PANW) rose 2.87% to $168.32.
Trading volume (4.3 M) remained 943,337 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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(END) Dow Jones Newswires
April 23, 2025 16:41 ET (20:41 GMT)
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