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Shares of Fortinet Inc. FTNT advanced 4.16% to $62.88 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,155.17 and the Dow Jones Industrial Average DJIA rising 1.29% to 32,812.50. This was the stock's sixth consecutive day of gains. Fortinet Inc. closed $11.47 below its 52-week high ($74.35), which the company reached on December 29th.
The stock outperformed some of its competitors Wednesday, as Cisco Systems Inc. CSCO rose 1.76% to $45.71 and HP Inc. HPQ rose 0.67% to $32.96. Trading volume (6.0 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2022.
(END) Dow Jones Newswires
August 03, 2022 16:55 ET (20:55 GMT)
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