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Shares of Fortinet Inc. (FTNT) rallied 2.14% to $54.90 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 3,797.34 and the Dow Jones Industrial Average rising 1.34% to 31,499.62. This was the stock's second consecutive day of gains. Fortinet Inc. closed $19.45 below its 52-week high ($74.35), which the company achieved on December 29th.
The stock outperformed some of its competitors Monday, as Cisco Systems Inc. (CSCO) rose 1.73% to $43.54 and HP Inc. (HPQ) rose 1.01% to $27.06. Trading volume (5.9 M) eclipsed its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 2022.
(END) Dow Jones Newswires
October 24, 2022 16:55 ET (20:55 GMT)
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