Fortinet Inc. Stock Falls Wednesday, Underperforms Market

Verint Systems Inc

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VRNT Verint Systems Inc

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Information Technology : Software | Small Cap Blend

Company profile

Verint Systems Inc. helps brands provide Boundless Customer Engagement. The Company helps organizations close the Engagement Capacity Gap with its differentiated Verint Customer Engagement Cloud Platform. It designed the Verint Customer Engagement Cloud Platform based on an open multi-cloud architecture and with an open strategy. Brands can deploy a variety of business applications across three solution areas: Digital-First Engagement, Workforce Engagement, and Experience Management. Its Digital-First Engagement applications help brands accelerate their digital strategy, including through Engagement Channels, Conversational artificial intelligence (AI), Engagement Orchestration and Knowledge Management. Its Workforce Engagement applications help brands manage their customer engagement work and their workforce across the enterprise. Its applications include Forecasting & Scheduling, Quality & Compliance, Interaction Insights and Real-Time Work.

Fortinet Inc. Stock Falls Wednesday, Underperforms Market

4:55 pm ET November 16, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Fortinet Inc. (FTNT) slipped 2.69% to $54.69 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. Fortinet Inc. closed $19.66 below 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 Wednesday, as Cisco Systems Inc. (CSCO) fell 1.14% to $44.39 and HP Inc. (HPQ) fell 4.16% to $29.29. Trading volume (4.3 M) remained 1.3 million below its 50-day average volume of 5.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.

(END) Dow Jones Newswires

November 16, 2022 16:55 ET (21:55 GMT)