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Shares of Fortinet Inc. (FTNT) advanced 2.55% to $47.10 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. The stock's rise snapped a three-day losing streak. Fortinet Inc. closed $27.25 short of its 52-week high ($74.35), which the company reached on December 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Cisco Systems Inc. (CSCO) rose 1.53% to $44.52 and HP Inc. (HPQ) rose 6.11% to $28.29. Trading volume (9.6 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 16:56 ET (20:56 GMT)
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