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Shares of Fortinet Inc. (FTNT) rallied 2.93% to $351.19 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.09% to 4,701.70 and the Dow Jones Industrial Average rising 0.29% to 36,432.22. This was the stock's fifth consecutive day of gains. Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $349.23, which the company reached on November 5th.
The stock outperformed some of its competitors Monday, as Cisco Systems Inc. (CSCO) fell 0.12% to $57.00 and HP Inc. (HPQ) fell 1.10% to $31.60. Trading volume (1.3 M) eclipsed its 50-day average volume of 901,949.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2021.
(END) Dow Jones Newswires
November 08, 2021 16:55 ET (21:55 GMT)
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