Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors

Banco Bilbao Vizcaya Argentaria SA

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Financials : Banks | Large Cap Value
Based in Spain

Company profile

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a Spain - based bank. It is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments are: Spain, the United States, Turkey, Mexico, South America and Rest of Eurasia. The activities in Spain are banking activity and Insurance. In the United States it offers services through, BBVA USA and the BBVA New York branch. The Turkey segment is represented by the group Garanti BBVA, an integrated financial services group, that also operate in Holland and Romania. The Mexico segment activities include banking and insurance businesses. In South America, it provides banking and insurance businesses. The Rest of Eurasia segment includes business activity in the rest of Europe and Asia

Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors

4:55 pm ET November 17, 2022 (MarketWatch) Print

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

Shares of Fortinet Inc. (FTNT) slipped 1.01% to $54.14 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. This was the stock's second consecutive day of losses. Fortinet Inc. closed $20.21 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 Thursday, as Cisco Systems Inc. (CSCO) rose 4.96% to $46.59 and HP Inc. (HPQ) rose 0.48% to $29.43. Trading volume (5.4 M) remained 178,984 below its 50-day average volume of 5.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.

(END) Dow Jones Newswires

November 17, 2022 16:55 ET (21:55 GMT)