DJ Fortinet Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Fortinet Inc. $(FTNT)$ rose 1.53% to $104.21 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,560.83 and the Dow Jones Industrial Average rising 0.75% to 40,527.62.
This was the stock's sixth consecutive day of gains.
Fortinet Inc. closed 9.24% short of 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 Tuesday, as Cisco Systems Inc. $(CSCO)$ rose 0.88% to $57.34, CrowdStrike Holdings Inc. Cl A $(CRWD)$ rose 1.87% to $430.99, and Palo Alto Networks Inc. (PANW) rose 2.81% to $186.65.
Trading volume (3.1 M) remained 2.0 million below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 29, 2025.
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April 29, 2025 16:41 ET (20:41 GMT)
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