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Shares of Fortinet Inc. (FTNT) advanced 2.57% to $313.11 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. The stock's rise snapped a two-day losing streak. Fortinet Inc. closed $42.24 below its 52-week high ($355.35), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Cisco Systems Inc. (CSCO) rose 2.04% to $56.15 and HP Inc. (HPQ) rose 3.24% to $37.64. Trading volume (1.7 M) eclipsed its 50-day average volume of 894,151.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2021.
(END) Dow Jones Newswires
December 02, 2021 16:55 ET (21:55 GMT)
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