This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Fortinet Inc. rallied 5.6% to $114.07 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.8% to 7,398.93 and the Dow Jones Industrial Average remaining mostly unchanged at 49,609.16.
This was the stock's sixth consecutive day of gains.
Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $112.39, which the company achieved on May 7th.
The stock demonstrated a mixed performance when compared to some of its peers, as Cisco Systems Inc. rose 4.8% to $96.57, CrowdStrike Holdings Inc. Cl A rose 4.4% to $527.77, and Palo Alto Networks Inc. rose 5.78% to $207.88.
Trading volume totaled 9.9 million, compared to the 50-day average of 6.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 08, 2026 16:35 ET (20:35 GMT)
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