DJ Fortinet Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Fortinet Inc. $(FTNT)$ rallied 1.46% to $97.73 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.81% to 5,363.36 and the Dow Jones Industrial Average rising 1.56% to 40,212.71.
Fortinet Inc. closed 14.88% below its 52-week high of $114.82, which the company achieved on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Cisco Systems Inc. $(CSCO)$ rose 1.31% to $57.33, CrowdStrike Holdings Inc. Cl A $(CRWD)$ rose 2.52% to $377.90, and Palo Alto Networks Inc. (PANW) rose 0.04% to $168.34.
Trading volume (5.5 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 11, 2025.
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(END) Dow Jones Newswires
April 11, 2025 16:42 ET (20:42 GMT)
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