This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Fortinet Inc. (FTNT) rallied 1.86% to $55.92 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. This was the stock's third consecutive day of gains. Fortinet Inc. closed $18.43 short of its 52-week high ($74.35), which the company reached on December 29th.
The stock underperformed when compared to some of its competitors Tuesday, as Cisco Systems Inc. (CSCO) rose 1.88% to $44.36 and HP Inc. (HPQ) rose 1.92% to $27.58. Trading volume (5.5 M) eclipsed its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.
(END) Dow Jones Newswires
October 25, 2022 16:56 ET (20:56 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.