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Shares of Fortinet Inc. (FTNT) advanced 9.04% to $54.39 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. Fortinet Inc. closed $19.96 below its 52-week high ($74.35), which the company reached on December 29th.
The stock outperformed some of its competitors Thursday, as Cisco Systems Inc. (CSCO) rose 3.99% to $45.66 and HP Inc. (HPQ) rose 5.40% to $29.30. Trading volume (7.4 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 16:55 ET (21:55 GMT)
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