DJ Fortinet Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Fortinet Inc. $(FTNT)$ rallied 2.35% to $114.26 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,129.58 and the Dow Jones Industrial Average rising 0.02% to 44,556.34.
This was the stock's third consecutive day of gains.
Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $112.37, which the company achieved on February 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cisco Systems Inc. $(CSCO)$ fell 0.43% to $64.59, CrowdStrike Holdings Inc. Cl A $(CRWD)$ rose 0.80% to $455.36, and Palo Alto Networks Inc. (PANW) rose 4.12% to $208.28.
Trading volume (6.5 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 18, 2025.
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February 18, 2025 16:41 ET (21:41 GMT)
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