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Shares of Fortinet Inc. FTNT rose 1.75% to $62.70 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.08% to 3,899.38 and Dow Jones Industrial Average DJIA falling 0.15% to 31,338.15. This was the stock's fifth consecutive day of gains. Fortinet Inc. closed $11.65 short of its 52-week high ($74.35), which the company achieved on December 29th.
The stock outperformed some of its competitors Friday, as Cisco Systems Inc. CSCO rose 0.39% to $43.39 and HP Inc. HPQ rose 1.04% to $32.11. Trading volume (3.7 M) remained 3.2 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2022.
(END) Dow Jones Newswires
July 08, 2022 16:55 ET (20:55 GMT)
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