Fortinet Inc. Stock Rises 6.4%, Outperforms Market

Dow Jones05-30

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Fortinet Inc. advanced 6.4% to $137.97 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,580.06 and the Dow Jones Industrial Average rising 0.7% to 51,032.46.

This was the stock's second consecutive day of gains.

Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $134.91, which the company achieved on May 26th.

The stock demonstrated a mixed performance when compared to some of its peers, as Cisco Systems Inc. rose 1.5% to $120.42, CrowdStrike Holdings Inc. Cl A rose 8.9% to $731.00, and Palo Alto Networks Inc. rose 9.28% to $281.69.

Trading volume totaled 9.5 million, compared to the 50-day average of 6.2 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 29, 2026 16:34 ET (20:34 GMT)

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