Fortinet Inc. Stock Rallies 9.7%, Outperforms Market
Dow Jones2026/08/27 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Fortinet Inc. advanced 9.7% to $172.78 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,730.99 and the Dow Jones Industrial Average rising 0.2% to 53,569.44.
This was the stock's third consecutive day of gains.
Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $172.09, which the company reached on August 5th.
The stock demonstrated a mixed performance when compared to some of its peers, as Cisco Systems Inc. fell 0.2% to $112.15, CrowdStrike Holdings Inc. Cl A rose 20.5% to $227.96, and Palo Alto Networks Inc. rose 12.83% to $382.85.
Trading volume totaled 5.7 million, compared to the 50-day average of 5.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 27, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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