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Shares of Fortinet Inc. (FTNT) rallied 1.75% to $341.01 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.39% to 4,700.90 and the Dow Jones Industrial Average rising 0.15% to 36,142.22. Fortinet Inc. closed $14.34 short of its 52-week high ($355.35), which the company achieved on November 8th.
The stock outperformed some of its competitors Tuesday, as Cisco Systems Inc. (CSCO) fell 0.47% to $57.00 and HP Inc. (HPQ) fell 0.45% to $31.21. Trading volume (633,127) remained 261,095 below its 50-day average volume of 894,222.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2021.
(END) Dow Jones Newswires
November 16, 2021 16:55 ET (21:55 GMT)
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