FTNT Chart

1 Month

	Date	Diff
	2023-12-08	+1.64 %
Fortinet (FTNT) stock went up last night by 1.64% after State Street Corp increased its stake in the company and several other hedge funds made changes to their positions in the stock. The article discusses Tower Research Capital LLC TRC's increased position in Fortinet, Inc. (NASDAQ:FTNT) stock, which resulted in the stock going up by 1.64%. The reason for the stock's increase is not explicitly mentioned in the article. The article discusses how the State of Wisconsin Investment Board has increased its stake in Fortinet, Inc. by 23.1% in the 2nd quarter, which has contributed to the stock's recent increase.
	2023-12-07	-0.98 %
Fortinet (FTNT) stock went down by -0.98% last night, but the article does not provide a specific reason for the decline. Fortinet Inc. (FTNT) stock went down by 0.98% due to underperformance compared to its competitors, including Cisco Systems, CrowdStrike Holdings, and Palo Alto Networks, and lower trading volume. The article discusses how American Trust reduced its position in shares of Fortinet, Inc. (NASDAQ:FTNT), causing the stock to decrease by 0.98%. The reason for the stock's decline is not explicitly stated in the article, but it is likely due to the selling activity of institutional investors like American Trust.
	2023-12-06	-1.31 %
Fortinet (FTNT) stock went down by -1.31% because the Treasurer of the State of North Carolina sold some of its holdings in the company. Fortinet (FTNT) stock went down by 1.31% last night, possibly due to a number of hedge funds recently buying and selling shares of FTNT, as well as a downgrade by Cantor Fitzgerald from a "neutral" rating to a $50.00 target price on shares of Fortinet. The article discusses how S&T Bank PA reduced its holdings in Fortinet, Inc. (NASDAQ:FTNT) by 13.5% in the 2nd quarter, which may have contributed to the stock's 1.31% decline.
	2023-12-05	+0.52 %
Fortinet (FTNT) stock went up by 0.52% due to the company's expanded strategic partnership with Digital Realty, which accelerates the expansion of Fortinet Universal SASE and provides customers with broader access to cloud-delivered security and connectivity for their distributed workforce. Fortinet (FTNT) stock went up by 0.52% due to the expansion of its strategic partnership with Digital Realty, a global provider of data center solutions, which will allow Fortinet to further expand its cloud network and accelerate customer adoption of its Universal SASE solution.
	2023-12-01	-0.13 %
Fortinet Inc. (FTNT) stock went down by 0.13% as part of its second consecutive day of losses, but the reason for the decline is not mentioned in the article. The article discusses the performance of cybersecurity stocks and highlights that Fortinet's stock went down due to its Q3 earnings report, which showed marginally missed estimates, a lowered revenue forecast for Q4, and a projected decline in net billings, leading to concerns about the company's growth. The article reports that Fortinet (FTNT) stock went down by 0.13% last night. The reason for the decrease in the stock price is not mentioned in the article.
	2023-11-30	-1.94 %
The article discusses how Genus Capital Management Inc. purchased a new position in Fortinet, Inc. (NASDAQ:FTNT) during the second quarter, buying 51,745 shares valued at approximately $3,911,000. The stock of Fortinet went down by 1.94% last night, but the article does not provide a specific reason for the decline. Fortinet (FTNT) stock went down by 1.94% last night, and the reason for the decline is not mentioned in the article. Fortinet (FTNT) stock went down -1.94% last night, possibly due to CNBC's Jim Cramer naming Palo Alto Networks (PANW) as his top cybersecurity stock pick, citing Palo Alto's revenue channels being more diversified and less cyclical compared to Fortinet.
	2023-11-29	+1.53 %
The article discusses how Credit Suisse AG decreased its position in Fortinet, Inc. (NASDAQ:FTNT), causing the stock to go up by 1.53% last night; this may be due to other institutional investors adding to their stakes in the company. The article discusses how Mirova, an institutional investor, reduced its stake in Fortinet, Inc. by 62.5%, which may have contributed to Fortinet's stock going up. Fortinet (FTNT) stock went up by 1.53% last night after Cibc World Market Inc. increased its position in the company by 46.5% in the second quarter, according to their most recent SEC filing.
	2023-11-28	-1.77 %
Fortinet (FTNT) stock fell 1.77% due to the end of a six-day winning streak, despite a generally favorable trading session for the stock market. Fortinet (FTNT) stock decreased by 1.77% last night, and the reason for the dip is not explicitly stated in the article. However, it does mention that several institutional investors and hedge funds recently reduced their stakes in FTNT, which could have contributed to the decline in stock price. Fortinet (FTNT) stock went down by -1.77% last night, but the article does not provide a specific reason for the decline.
	2023-11-27	+0.58 %
Fortinet (FTNT) stock went up by 0.58% last night, possibly due to L2 Asset Management LLC buying a new stake in the company and several other institutional investors and hedge funds also recently buying and selling shares of FTNT. Fortinet (FTNT) stock increased by 0.58% last night, likely due to the decrease in position by Nia Impact Advisors LLC, as well as the selling of shares by CFO Keith Jensen and EVP Patrice Perche, which may have signaled confidence in the company's financial standing. Fortinet (FTNT) stock went up by 0.58% after the CFO, Keith Jensen, sold 24,710 shares of the company's stock, though the exact reason for the stock increase is unclear.
	2023-11-24	+0.87 %
Fortinet (FTNT) stock went up by 0.87% last night following the announcement of a collaboration between LTIMindtree, Quantum Xchange, and Fortinet to develop a Quantum-Safe VPN link, aimed at enhancing data security and protecting against potential threats posed by quantum computing. Fortinet (FTNT) stock went up by 0.87% last night, but the article does not provide specific reasons for this increase.
	2023-11-22	+0.74 %
Fortinet Inc. (FTNT) stock increased by 0.74% in a positive trading session, and the reason behind the rise is not mentioned in the article. Arqit, a software company, reported modest revenues for the fiscal year-end 2023, with a focus on software products sold through channel partners. Despite the limited revenues, the company remains optimistic about future growth due to channel partnerships and specialized applications.
	2023-11-17	+1.67 %
The article discusses the decline in Juniper Networks' stock price and the contrasting fortunes of its peers in the tech sector. It also mentions the company's strengths, such as its aggressive share buyback strategy and consistent dividend payments. The article does not provide information on why Fortinet Inc.'s stock went up. Fortinet (FTNT) stock rose 1.67% due to a positive overall trading session in the stock market, with the S&P 500 and Dow Jones Industrial Average also seeing gains. The stock's rise broke a two-day losing streak.
	2023-11-16	-1.25 %
The article discusses the decline in shares of Palo Alto Networks (PANW) following a lowered full-year outlook for billings, caused by customer demands for more flexible payment options due to economic uncertainty; however, despite the decline, analysts believe the negative reaction is unjustified and that demand for the company's cybersecurity services remains strong. Fortinet (FTNT) stock went down by 1.25% last night, although the article does not provide a specific reason for the decline.
	2023-11-14	+2.03 %
Fortinet (FTNT) stock went up by 2.03% last night, and the article discusses the release of Verizon Business' 2023 Mobile Security Index (MSI) report, which highlights the top threats in securing mobile devices and emphasizes the need for organizations to balance user experience, privacy, and cost in order to combat cyberattacks.
	2023-11-13	-1.02 %
Fortinet (FTNT) stock went down by -1.02% due to a new stake purchased by IPG Investment Advisors LLC and several research analyst reports lowering the company's rating.
	2023-11-10	+2.32 %
Fortinet (FTNT) stock went up 2.32% last night, and the article discusses various factors such as institutional investors selling their shares, research firms changing their ratings, and insider selling. Fortinet's stock (FTNT) rose 2.32% last night, contributing to the overall positive trading session in the stock market, with the S&P 500 and Dow Jones Industrial Average also rising; the reason for the increase in Fortinet's stock price is not mentioned in the article. The article discusses how Nvwm LLC increased its stake in Fortinet, Inc. (FTNT) by 2,274.9% during the second quarter, which contributed to the stock's recent 2.32% increase; other institutional investors have also bought and sold shares of the company, and insider selling has occurred as well.
	2023-11-09	-1.13 %
The article discusses various stocks, including Fortinet (FTNT), which experienced a decrease of 1.13% in value. The reason for Fortinet's stock decline is not mentioned in the article. The article discusses how Fortinet (FTNT) stock went down by -1.13% and provides opinions from Prudential and Diageo on their concerns regarding the stock, suggesting that there may be underlying problems with the company. The article announces the appointment of Mary Yang to the board of directors of CyberArk, a cybersecurity company, and explains that she brings valuable leadership experience to the company. The article does not provide any information or explanation on why Fortinet (FTNT) stock went down. Fortinet Inc. (FTNT) stock went down by 1.13% due to an overall poor trading session in the stock market, with the S&P 500 and Dow Jones Industrial Average also falling, and it closed $31.57 short of its 52-week high.
	2023-11-08	+1.45 %
Fortinet (FTNT) stock went up by 1.45% last night, potentially due to investor cash ready to be invested in the market, according to the world's largest asset manager. Fortinet (FTNT) stock went up 1.45% last night, breaking a three-day losing streak, and outperformed some of its competitors, potentially due to higher trading volume exceeding its 50-day average.
	2023-11-07	-1.16 %
Fortinet (FTNT) stock went down by 1.16% as the company underperformed compared to its competitors, including Cisco Systems, CrowdStrike Holdings, and Palo Alto Networks, on a day when the overall stock market was favorable.
	2023-11-06	-0.75 %
Fortinet's stock (FTNT) went down by 0.75% due to a mixed performance compared to its competitors in the market. The article discusses various stocks, including Fortinet (FTNT), but does not provide any specific information on why the FTNT stock went down. The article discusses the acquisition of a new position in Fortinet, Inc. (NASDAQ:FTNT) by UNIVEST FINANCIAL Corp, as well as other recent purchases and sales of the company's stock by institutional investors and insiders. The reason for the stock being down is not mentioned in the article.
	2023-11-03	-12.35 %
Fortinet (FTNT) stock went down by 12.35% due to the company's fourth-quarter revenue forecast being below Wall Street estimates. Fortinet Inc. (FTNT) stock dropped 12.35% after investors focused on missed fourth-quarter revenue estimates despite the cybersecurity company's third-quarter earnings beat. Fortinet (FTNT) stock fell by 12.35% due to weak outlooks, underperforming its competitors Cisco Systems, CrowdStrike Holdings, and Palo Alto Networks. The article states that shares of cybersecurity firm Fortinet (FTNT) went down by nearly 20% in early trading after its third-quarter results missed analyst expectations and provided a weak outlook for the current quarter. The stock went down due to the disappointing results and signs of slower growth in the secure networking industry. The article discusses the recent decline in Fortinet (FTNT) stock, which fell 12.35% last night, and highlights weak revenue estimates as the reason for the decrease. Fortinet (FTNT) stock went down 17.6% after the cybersecurity company reported third-quarter revenue below estimates and issued disappointing guidance for the fourth quarter.
	2023-11-02	+0.49 %
Fortinet (FTNT) stock went up by 0.49% last night despite disappointing guidance and lower revenue forecasts for the fourth quarter, indicating potential investor confidence in the cybersecurity company. The article states that Fortinet's stock (FTNT) went up by 0.49% last night, and it attributes this increase to Cibc World Markets Corp increasing its position in the company during the second quarter. Fortinet (FTNT) stock went up by 0.49% due to a positive trading session in the stock market, with the S&P 500 and Dow Jones Industrial Average also rising, although the stock underperformed compared to some of its competitors. Fortinet (FTNT) stock was up 0.49% last night, possibly due to the company's announcement of financial results for the third quarter of 2023, where they discussed their focus on the faster-growing SASE and Security Operations markets and their confidence in capitalizing on emerging growth opportunities. Fortinet (FTNT) stock went up by 0.49% last night, and the reason for the increase is not mentioned in the article. Fortinet (FTNT) stock went up by 0.49% last night, however, the reason for the increase is not mentioned in the article.
	2023-10-30	+0.11 %
The article discusses United Capital Management of KS Inc.'s 1.8% reduction in its position in Fortinet, Inc. (NASDAQ:FTNT) during the second quarter, which caused the stock to go up by 0.11%.
	2023-10-25	-2.78 %
The article announces that Fortinet (FTNT) has expanded its Universal SASE offering to support today's hybrid workforce, providing consistent policies and controls across all functions and deployments, and the stock went down due to market fluctuations.
	2023-10-24	+2.57 %
Fortinet (FTNT) stock went up by 2.57% last night, which can be attributed to a favorable trading session for the stock market overall and higher trading volume.
	2023-10-20	-2.44 %
Fortinet (FTNT) stock went down by -2.44% last night, but the article provided does not provide any explanation for the decline in the stock price. The article briefly mentions that Fortinet (FTNT) stock was down 2.44% last night, but does not provide a specific reason for the decline. Fortinet Inc. (FTNT) stock went down by 2.44% last night, along with a general decline in the stock market, as the S&P 500 and Dow Jones Industrial Average also fell; the reason for the decline in Fortinet's stock is not stated in the article.
	2023-10-19	+0.17 %
The article discusses various stock updates, including the performance of Fortinet (FTNT) stock, which increased by 0.17%, and attributes the rise in the stock to a downgrade in its cybersecurity rating by Jefferies. Jefferies analyst, Joseph Gallo, believes that cybersecurity stocks, particularly CrowdStrike Holdings and Zscaler Inc, will continue to perform well due to their enterprise focus, federal spending exposure, and vendor consolidation, resulting in an upgrade for both stocks. However, Gallo downgraded Fortinet Inc, citing potential headwinds in the form of weak spending from small and medium-sized businesses and oversupply in the hardware market.
	2023-10-17	-0.83 %
The article discusses the performance of Fortinet (FTNT) stock, which has historically outperformed the market with an average annual return of 30.51% over the past 10 years, but last night it experienced a decrease of 0.83%. The reason for the stock's decline is not provided in the article.
	2023-10-11	-0.72 %
The article discusses the performance of cybersecurity stocks, with a focus on four big players in the industry: Palo Alto Networks (PANW), Fortinet (FTNT), Crowdstrike (CRWD), and Zscaler (ZS). It notes that while cybersecurity stocks have outperformed the S&P 500 in recent months, their momentum has stalled, and several factors, including the surge in 10-year US Treasury yields and the upcoming Q3 earnings season, may be weighing on their performance. Specifically, the article mentions that Fortinet (FTNT) has seen weakness in its stock, but its upcoming earnings report on November 2 could potentially change its trajectory. The article reports that shares of Fortinet Inc. (FTNT) went down by 0.72% in the stock market, although the reasons for the decline are not provided in the article. Fortinet (FTNT) stock went down by 0.72% last night, and the article explains that this could be due to the market's reaction to the addition of eight new managed security service providers (MSSPs) to Fortinet's portfolio, signaling increased competition in the networking market.
	2023-10-10	-0.18 %
Fortinet(FTNT) stock went down by 0.18% due to underperforming compared to its competitors, including Cisco Systems, CrowdStrike Holdings, and Palo Alto Networks, and its trading volume remained below average.
	2023-10-09	-0.7 %
Fortinet (FTNT) stock went down by 0.7% due to an overall positive trading session in the stock market, with the S&P 500 and Dow Jones Industrial Average both rising. Fortinet (FTNT) stock went down by -0.7% due to the announcement of two new campus switches, the FortiSwitch 600 and 2000, which support growing connectivity and security needs but did not meet market expectations.
	2023-10-06	+3.29 %
Fortinet Inc. (FTNT) stock went up 3.29% due to an all-around positive trading session for the stock market, with the S&P 500 Index and Dow Jones Industrial Average rising, and it closed lower than its 52-week high.
	2023-10-04	+1.13 %
Fortinet (FTNT) stock went up 1.13% as the overall stock market had a favorable trading session, with the S&P 500 and Dow Jones Industrial Average both rising. Deutsche Telekom is expanding its security portfolio by integrating Fortinet's FortiSASE solution into its offering for enterprises, which is expected to drive the uptick in Fortinet (FTNT) stock. Fortinet (FTNT) stock went up by 1.13% last night, but the article does not provide a specific reason for the increase.
	2023-10-03	-1.74 %
Fortinet, the global cybersecurity leader, has been named a Leader in the 2023 Gartner Magic Quadrant for SD-WAN for the fourth consecutive year, and it is the only leader to be positioned highest in Ability to Execute for at least three consecutive years. Fortinet (FTNT) stock went down by 1.74% last night, likely due to the overall rough trading session in the stock market with the S&P 500 Index and Dow Jones Industrial Average falling.
	2023-10-02	-0.09 %
The article discusses the investment strategies of portfolio manager Todd Gervasini and highlights five lessons investors can learn from him. It mentions Fortinet (FTNT) as one of the stocks that Gervasini believes will outperform, but does not specify why its stock went down. The article announces that Fortinet (FTNT), a global cybersecurity company, will hold a conference call to discuss its third quarter 2023 financial results, but does not provide any information about why the stock went down.
	2023-09-29	+0.14 %
The article briefly mentions that shares of Fortinet Inc. (FTNT) rose 0.14% and reached their third consecutive day of gains, but it does not provide a specific reason for the increase in the stock price. The article discusses the financial performance of Space Hellas, with consolidated turnover and profits increasing in the first half of 2023. The company's parent company also experienced growth in turnover and profits. The increase in financing costs affected the group's earnings, but the company expects cash flows to normalize in the second half of the year. Space Hellas recently sold its minority stake in Epsilon SingularLogic and acquired a majority stake in SingularLogic, which will benefit its capital structure. The company aims to strengthen its position in the digital integration market through partnerships with major software manufacturers.
	2023-09-28	+0.79 %
The article explains that Fortinet (FTNT) stock has consistently outperformed the market over the past 5 years, leading to its recent increase in value of 0.79%. Fortinet (FTNT) stock went up by 0.79% after the company announced its membership in the United Nations Global Compact, demonstrating its commitment to sustainable business practices and responsible corporate governance.
	2023-09-27	+1.24 %
Fortinet (FTNT) stock went up by 1.24% last night, and this increase may be attributed to the company's announcement of the formation of the Veterans Program Advisory Council, which aims to support military veterans in transitioning to careers in cybersecurity by providing them with training, mentorship, and employment opportunities. Fortinet's stock (FTNT) went up by 1.24% last night, and this can be attributed to the formation of the Veterans Program Advisory Council, which aims to provide cybersecurity training pathways for military veterans and support them in transitioning into the cybersecurity field.
	2023-09-25	-0.22 %
The article is not about Fortinet (FTNT) stock going down, as mentioned in the initial request. Therefore, it does not provide any information about why the stock went down.
	2023-09-21	-2.28 %
The article discusses Cisco Systems Inc.'s acquisition of cybersecurity company Splunk Inc. for $28 billion, which caused Cisco's shares to fall by 4%, likely due to investor concerns about the deal's value and uncertainty. The article discusses Cisco Systems' acquisition of Splunk Inc. for $28 billion, which caused Cisco's shares to fall 4% and Splunk's stock to rise 21%, attributing the decline in Fortinet's stock to the increasing competition in the cybersecurity market.
	2023-09-19	-0.02 %
Fortinet Inc (NASDAQ:FTNT) stock experienced a daily loss of 2.5% and a 3-month loss of 18.66%, leading to questions about whether the stock is undervalued; however, the company's financial health and solid profitability suggest that it may be a good investment opportunity in the long term. The article provides an estimate of the intrinsic value of Fortinet (FTNT) stock using the Discounted Cash Flow (DCF) model, and suggests that the stock may be undervalued by 37%. The reason for the recent decrease in the stock price is not mentioned in the article.
	2023-09-18	-0.93 %
The article discusses Sahith Theegala's recent victory at the Fortinet Championship and speculates on his potential to compete in future team events like the Presidents Cup and Ryder Cup, highlighting his strengths in emotion, iron play, and short game, as well as areas for improvement such as ball-striking. However, the article does not provide any information or analysis on why Fortinet (FTNT) stock went down. The article discusses the financial strengths and growth potential of Fortinet Inc (NASDAQ:FTNT). Despite this, the stock has recently seen a decline of 0.93%, but no specific reason is provided for the decrease.
	2023-09-15	-3.3 %
Fortinet (FTNT) stock went down by 3.3% due to a poor trading session in the stock market, with the S&P 500 Index falling 1.22% and the Dow Jones Industrial Average falling 0.83%. Fortinet (FTNT) stock went down by 3.3% last night, but the article does not provide a specific reason for the decline.
	2023-09-11	+1.56 %
Fortinet Inc (NASDAQ:FTNT) stock has recently seen a 1.56% increase. The stock's rise can be attributed to Fortinet's robust financial stance, as indicated by its high GuruFocus Score Rating, which suggests the company is well-positioned for substantial growth in the near future.
	2023-09-07	+1.51 %
Fortinet (FTNT) stock went up by 1.51% last night, and the reason for this increase is not mentioned in the article. The article discusses Fortinet's (FTNT) stock performance, which was up 1.51% last night, and highlights factors that may have contributed to the increase, such as the company's consistent earnings per share (EPS) growth over the past three years, the improvement in EBIT margins and revenue growth, insider buying activity, and the company's overall positive financial outlook. The article discusses the launch of Arqit Quantum Inc.'s third application product, ArqitWalletSecure™, which aims to make Ethereum-based digital wallets quantum-safe, and mentions that the stock of Fortinet (FTNT) went up by 1.51% last night, although the specific reason for the stock increase is not mentioned in the article. The article discusses how Fortinet (FTNT) stock experienced a 1.51% increase, potentially due to an upgrade in its Relative Strength Rating indicating improved technical performance.
	2023-09-06	+0.52 %
In the article, Zscaler, Inc. (NASDAQ:ZS) reported better-than-expected earnings for Q4 2023, with an EPS of $0.64 compared to expectations of $0.49, leading to a 0.52% increase in Fortinet (FTNT) stock.
	2023-09-01	+1.1 %
The article mentions that shares of Juniper Networks Inc. rose 0.65%, while Fortinet Inc. rose 1.10% last night, contributing to an overall positive trading session for the stock market. The article does not provide a specific reason for Fortinet Inc.'s stock increase.
	2023-08-31	-1.65 %
Fortinet's stock (FTNT) went down 1.65% because of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase shares of Fortinet's common stock at a price lower than the current market price. Fortinet's (FTNT) stock was down 1.65% last night. The reason for the decline is not mentioned in the article. Fortinet's (FTNT) stock went down by -1.65% after the company received an unsolicited "mini-tender" offer from TRC Capital Investment Corporation to purchase its common stock at a lower price than the current market price, which Fortinet recommends stockholders not to accept due to the offer's conditions and lack of protections.
	2023-08-30	+0.97 %
The article discusses four companies, including Fortinet (FTNT), Lamb Weston (LW), ASML Holding (ASML), and Apple (AAPL), that are considered monopoly stocks. Fortinet's stock goes up because the company accounts for 50% of all firewall shipments, which is a dominant position in the cybersecurity market. The Fortinet (FTNT) stock went up by 0.97% last night, and this is due to the company being undervalued and having high growth potential, with profit expected to grow by 59% over the next couple of years. Fortinet (FTNT) stock increased by 0.97% last night, likely due to a favorable trading session for the stock market as a whole and the stock's consecutive days of gains.
	2023-08-29	+3.29 %
Fortinet (FTNT) stock went up by 3.29% yesterday, along with a positive trading session for the overall stock market, including the S&P 500 and Dow Jones Industrial Average. Fortinet (FTNT) stock went up by 3.29% last night because the company received the 2023 Google Cloud Technology Partner of the Year Award for its FortiEDR solution, which offers real-time breach identification and prevention capabilities.
	2023-08-28	-0.19 %
Fortinet (FTNT) stock went down by -0.19% last night, and the reason for the decline is not mentioned in the article. Fortinet Inc. (FTNT) stock went down by -0.19% due to overall market conditions and trading volume below its 50-day average volume.
	2023-08-24	-1.76 %
Fortinet's stock (FTNT) went down by 1.76% after the company released its second-quarter 2023 results, which missed revenue estimates and lowered full-year guidance; however, analysts believe that the slowdown is temporary and that the company has strong growth potential in the long run due to its robust revenue pipeline and position in fast-growing cybersecurity niches. The article discusses the recent decline in Fortinet Inc's (NASDAQ: FTNT) stock and attributes it to poor earnings and forward guidance from its competitors, as well as a cooling in growth outlook from analysts.
	2023-08-23	+1.49 %
The article discusses the stock performance of technology companies and highlights that the stock price of Fortinet Inc. (FTNT) went up by 1.49% last night. The reason for the increase in the stock price is not mentioned in the article.
	2023-08-22	-0.12 %
The article discusses the performance of cybersecurity companies Palo Alto Networks (PANW) and Fortinet (FTNT), noting that over the past year, Palo Alto's stock price has outperformed Fortinet's stock. The article attributes this to Palo Alto's stronger growth driven by its cloud-based security platform and AI-powered threat detection tools. It also mentions that both companies have faced macroeconomic challenges due to inflation and higher interest rates, but Fortinet's slowdown raises concerns about its long-term goals. The article highlights Palo Alto's better diversification, consistent sales growth, and expanding operating margins as reasons why it may generate bigger gains in the future. The article explains that Fortinet (FTNT) stock went down by -0.12% last night, likely due to poor earnings and forward guidance from their competitors, Palo Alto Networks (PANW), as well as a decrease in growth outlook from Wedbush and Oppenheimer. Fortinet (FTNT) stock went down by -0.12% last night, likely due to disappointing earnings results and the market previously pricing the company for perfection. Despite this, Fortinet's strong track record, leadership, and position in the cybersecurity industry make it an intriguing investment.
	2023-08-21	+2.15 %
Fortinet (FTNT) stock went up 2.15% last night, likely due to strong demand in the cybersecurity sector following increased cyberattacks and digital crimes. Fortinet (FTNT) stock went up by 2.15% after Palo Alto Networks, a dominant player in the cybersecurity market, reported strong earnings and a positive forecast, leading to increased investor confidence in the sector. The article is about Palo Alto Networks' (PANW) stock rising after its fourth quarter results exceeded expectations, despite concerns about an unconventional Friday night earnings report announcement, and the positive results may also impact sentiment around the AI narrative heading into Nvidia's (NVDA) earnings. The concerns about the Friday announcement were warranted due to the negative news typically associated with late earnings announcements, and UBS analyst Roger Boyd noted similarities in Palo Alto's approach to deals with Fortinet (FTNT), which had disappointing results earlier in August. Fortinet (FTNT) stock went up by 2.15% last night, likely due to overall market optimism and gains in the technology sector, as well as the positive performance of cybersecurity company Palo Alto Networks (PANW) and upgrades by Bank of America. Fortinet (FTNT) stock rose by 2.15% last night, likely due to solid fiscal 2023 fourth-quarter results and a positive financial outlook reported by the company.
	2023-08-18	-0.44 %
Fortinet (FTNT) stock went down by 0.44% because of the trading activity of Palo Alto Networks (PANW) shares and the decision to hold a conference call after-hours. Fortinet (FTNT) stock went down by -0.44% last night, possibly influenced by a broader pullback in tech spending and a shaky economy, as other cybersecurity companies were reporting earnings that pointed to a slowdown in the industry. The article discusses Palo Alto Networks Inc.'s decision to release its fourth-quarter results after the market close on a Friday, which is considered unusual and has caused concern among investors, resulting in a drop in the company's stock. The timing of the release has led to speculation about potential news or announcements that the company may want investors to have the weekend to digest. Analysts are expecting strong adjusted earnings growth and revenue growth for the quarter. Despite the drop in stock price, Palo Alto Networks is still well-liked by Wall Street analysts, with a majority recommending buying the stock. Fortinet (FTNT) stock went down by 0.44% last night, potentially due to the positive forecast of Palo Alto Networks and increasing demand for integrated cybersecurity offerings to combat rising digital threats.
	2023-08-17	-1.32 %
The article discusses the drop in Fortinet (FTNT) stock, and the reason behind it is not mentioned.
	2023-08-16	-1.67 %
Fortinet (FTNT) stock went down by -1.67% last night, and the reason for this decline is not mentioned in the article. The article discusses how Palo Alto Networks' unusual timing for reporting its fourth-quarter results has caused speculation and uncertainty, potentially leading to a decrease in the stock price of Fortinet (FTNT). The exact reason for the decline is not stated in the article. Fortinet (FTNT) stock went down 1.67% last night, possibly due to the large stake held by institutional investors and the potential impact of their trading decisions on the stock price. Shares of Fortinet Inc. (FTNT) declined by 1.67% due to a general downturn in the stock market, with the S&P 500 and Dow Jones Industrial Average also experiencing losses.
	2023-08-10	+1.3 %
The article mentions that Fortinet (FTNT) stock was up by 1.3% last night, but it does not provide any specific reasons for the increase. Fortinet Inc. (FTNT) stock rose 1.3% due to a favorable trading session in the stock market, with the S&P 500 and Dow Jones Industrial Average also experiencing gains. The stock's rise could be attributed to the overall positive market conditions.
	2023-08-09	+2.07 %
The article provides an analysis of the intrinsic value of Fortinet, Inc. (NASDAQ:FTNT) using the Discounted Cash Flow (DCF) model, which suggests that the stock is potentially undervalued by 30%. The increase in the stock price may be due to positive financial health and future earnings growth, as well as the perception of good value based on the price-to-earnings ratio and estimated fair value. Fortinet (FTNT) stock rose 2.07% last night, potentially due to its performance compared to competitors and the stock's previous four-day losing streak.
	2023-08-08	+1.51 %
Fortinet (FTNT) stock was up by 1.51% last night, and the reason for the increase is not mentioned in the article. Fortinet (FTNT) stock experienced a 1.51% increase last night due to growing concerns about data protection, as companies prefer service providers that are locally based to combat AI-driven cyberattacks in Germany. The article discusses reasons to be bullish on Fortinet (FTNT) stock after its weak earnings last week, and the stock went up by 1.51%. Last night, the stock for Fortinet (FTNT) increased by 1.51%, possibly due to optimistic growth forecasts for the cybersecurity industry.
	2023-08-07	+1.64 %
Fortinet (FTNT) stock rose 1.64% after experiencing a 25% decline on Friday, with investors optimistic after the cybersecurity firm's warning about delayed deals in the previous quarter led to a price drop. Fortinet's stock (FTNT) went up 1.64% despite the cybersecurity company's concerns about macroeconomic factors, with Guggenheim stating that this market reaction presents a buying opportunity. The article discusses 10 best cybersecurity ETFs to invest in and mentions that Fortinet (FTNT) stock went up by 1.64% last night. The increase in the value of Fortinet's stock could be attributed to the robust growth of the global cybersecurity market and the increasing significance of managing cyber risks due to political instability and the growing prevalence of cybercrime. Fortinet (FTNT) stock went up 1.64% last night, and according to Guggenheim, the drop in stock price due to the company flagging macroeconomic concerns presents a buying opportunity as the market has overreacted. Fortinet stock went up by 1.64% due to an overreaction in the market to macroeconomic concerns flagged by the cybersecurity company, presenting a buying opportunity according to Guggenheim. The Fortinet (FTNT) stock went up by 1.64% last night, possibly due to the increasing demand for cybersecurity solutions in Brazil as the country faces a high number of cyberattacks and enterprises seek to protect their systems and data from evolving threats. The article mentions that Fortinet (FTNT) stock went up by 1.64% last night, and it may be due to a recent upgrade from Guggenheim, which states that while Fortinet faces challenges, it is not structurally impaired and its competitive position has not deteriorated. Fortinet Inc. (FTNT) stock went up 1.64% as cybersecurity stocks underperformed, and Guggenheim analyst Raymond McDonough upgraded Fortinet to a buy, stating that he believes the company is not structurally impaired and that its competitive position has not deteriorated.
	2023-08-04	-25.07 %
Fortinet's stock fell significantly because the company reported that their deals were being delayed as a result of macroeconomic uncertainty. Fortinet (FTNT) stock dropped by 25.07%, becoming the worst-performing stock in the S&P 500, which is likely due to a decline in the cybersecurity company's shares.
	2023-08-03	+1.94 %
The article is not about Fortinet (FTNT) stock, but it mentions that it went up by 1.94% last night. The reason for the increase is not provided in the given information. The article mainly focuses on the stock performance of Atlassian, BigCommerce Holdings, Qualys, Universal Display, DigitalOcean Holdings, Sprout Social, and Synaptics.
	2023-08-02	-4.75 %
Fortinet (FTNT) stock went down by 4.75% due to Switzerland's preference for local cybersecurity providers and their reputation for data protection, leading to increased demand for local services and a focus on SMEs and data protection regulations. Fortinet (FTNT) stock went down by -4.75% last night, but the article does not provide a specific reason for the decline. The article discusses the recent decline in Fortinet (FTNT) stock, which went down by 4.75%, and attributes it to intense competition from other cybersecurity leaders like F5, cloud software companies like Citrix, and networking companies like Juniper and Barracuda that are already deeply entrenched in enterprise networks and data centers.
	2023-08-01	+0.4 %
The article discusses the recent increase in the stock price of Fortinet (FTNT) and attributes it to the positive results of an independent analysis by Enterprise Strategy Group (ESG). The analysis highlights the benefits of deploying Fortinet's security operations solutions, including improved detection, containment, investigation, and response, as well as increased operational efficiency. The analysis also predicts that Fortinet's products can significantly reduce the average time exposed to risk and help organizations avoid the expected cost of cyberattacks. The stock goes up because of the positive results and the potential savings and benefits for organizations that implement Fortinet's solutions.
	2023-07-31	+1.2 %
Fortinet (FTNT) stock went up 1.2% last night, and this increase can be attributed to Fortinet becoming a member of the International Telecommunication Union Telecommunication Development Sector (ITU-D), which allows Fortinet to strengthen the global cybersecurity community through public-private partnerships and contribute to closing the cybersecurity skills gap. Fortinet (FTNT) stock rose 1.2% last night, but the article does not provide a specific reason for the increase.
	2023-07-28	+0.29 %
The article is not about Fortinet (FTNT) stock going up, but rather a summary of various news stories in enterprise and emerging technology. Therefore, it does not provide an answer as to why Fortinet stock went up.
	2023-07-27	-0.88 %
Fortinet (FTNT) stock went down by 0.88% last night, which was in line with the overall poor trading session for the stock market, with the S&P 500 Index and Dow Jones Industrial Average both falling. The reason for the decline in Fortinet's stock is not specified in the article. Fortinet (FTNT) stock went down by 0.88% because Wall Street is concerned that the increasing demand for artificial intelligence chips may divert spending from traditional processors.
	2023-07-26	-1.38 %
Fortinet (FTNT) stock went down by 1.38% last night, along with some of its competitors in the industry such as Cisco Systems Inc. and VMware Inc., despite a mixed trading session in the stock market.
	2023-07-24	-1.14 %
Fortinet (FTNT) stock went down by 1.14% due to a general decline in the stock market and underperformance compared to its competitors.
	2023-07-21	+0.59 %
The article discusses the importance of cybersecurity in the digital age and how companies that provide cybersecurity solutions, such as Fortinet (FTNT), are good investment opportunities. Fortinet's stock has been going up because it has established a platform with a range of cybersecurity products that are popular among corporations. Additionally, Fortinet's financial stability, growing revenue and net income, and diverse stream of product and service revenues contribute to its stock's success. Fortinet, Inc. (NASDAQ:FTNT) stock has recently seen a large price increase, and while it may be fairly valued at the moment, there is potential for future growth. The company is expected to experience a 66% increase in profit over the next few years, which could lead to a higher share valuation. However, investors should consider other factors such as the management team's track record before making a decision. Potential investors may want to wait for a price drop before buying.
	2023-07-20	-1.26 %
The article discusses the overvaluation of Tesla's stock and highlights several factors that contribute to its decline, including lower profitability, cash burn, margin decline, and increasing competition in the electric vehicle market, ultimately suggesting that the stock price is not reflecting the risk of losing market share to competitors.
	2023-07-19	-1.93 %
The Fortinet (FTNT) stock went down by -1.93% last night because of the rising global cost and impact of cyberattacks, which has led to a sharpened focus on cybersecurity measures in the U.S. public sector, according to a report published by Information Services Group (ISG). Fortinet (FTNT) stock went down by -1.93% due to reasons unrelated to the article, which discusses the company's achievement of receiving an ISO 14001 certification for its largest owned warehouse in Union City, California, demonstrating their commitment to reducing environmental impact and implementing strong environmental management practices. The Fortinet (FTNT) stock went down by -1.93% last night due to increased cyberattacks in the UK and the report stating that midmarket businesses are still under-served by cybersecurity solutions and service providers.
	2023-07-18	-0.05 %
The article discusses the performance of various cybersecurity stocks, including Fortinet (FTNT), which experienced a decrease in stock value, possibly due to factors such as competition and market fluctuations. Fortinet Inc. (FTNT) stock went down by 0.05% due to a decrease in trading volume and the stock underperforming some of its competitors.
	2023-07-17	+1.72 %
Fortinet (FTNT) stock went up 1.72% last night as U.S. enterprises are responding to growing cybersecurity threats by focusing on managing risk, maximizing the value of current investments, and ensuring recovery and continuity. This shift is driven by the changing security landscape, with breaches declining in number but increasing in size, and the federal government tightening compliance rules. Organizations are improving visibility and risk management and investing in managed security services to better protect themselves from the broader business effects of breaches. Additionally, chief information security officers (CISOs) are seeking integrated solutions and services that help align security measures with enterprise objectives, leading to increased investments in risk assessments, outsourcing, and solutions such as security service edge (SSE) and extended detection and response (XDR).
	2023-07-14	+0.86 %
Fortinet Inc. (FTNT) stock went up 0.86% last night, likely due to the company's strong cybersecurity offerings augmented with AI technology.
	2023-07-13	+1.99 %
Fortinet (FTNT) stock went up by 1.99% due to a favorable trading session for the stock market, with the S&P 500 and Dow Jones Industrial Average rising, and trading volume exceeding the average volume.
	2023-07-12	-2.04 %
The article discusses the performance of Fortinet (FTNT) stock, which recently experienced a decrease of -2.04% in value. The reason for the stock's decline is not mentioned in the summary. Fortinet (FTNT) stock went down by 2.04% after analysts noted Microsoft's entry into the cybersecurity market, which could potentially pose competition to smaller companies like Fortinet.
	2023-07-11	+0.59 %
Fortinet (FTNT) stock rose by 0.59% last night, likely due to the overall positive trading session in the stock market, with the S&P 500 and Dow Jones Industrial Average also experiencing gains. The article discusses the increasing seriousness of cybersecurity within companies and the impact it has on the cybersecurity industry. It also mentions that Fortinet Inc. (FTNT) stock went up by 0.59% and attributes this increase to the growing demand for cybersecurity stocks amid deal-making in the industry and increased demand for cybersecurity. Fortinet (FTNT) stock went up by 0.59% last night as interest in Secure Access Service Edge (SASE), a network architecture that combines connectivity and security services, increases, and IT organizations consider consolidating their current SD-WAN providers and improving collaboration across networking and security teams to facilitate the transition to SASE.
	2023-07-10	+4.26 %
Fortinet (FTNT) stock went up by 4.26% after an analyst raised the price target on the cybersecurity company's shares, citing improving conditions in the industry and potential outperformance of Fortinet, along with other companies like CrowdStrike, Palo Alto Networks, and Check Point Software Technologies. Fortinet (FTNT) stock went up by 4.26% last night following the appointment of John "JP" Peterson as chief product officer of High Wire Networks, signaling the company's transition from a managed security services provider to an IP-driven cybersecurity technology leader.
	2023-07-07	+0.04 %
The article discusses the ownership structure of Fortinet, Inc. (NASDAQ: FTNT) and how it can influence the stock price. Institutions own 70% of the company, which indicates confidence in its future. The top 14 shareholders hold 51% of the business, making their trading decisions potentially impactful. The article suggests that the recent 0.04% increase in Fortinet's stock may be attributed to the large stake held by institutions. The article discusses the rise of Fortinet (FTNT) stock, attributing it to the growing demand for cybersecurity due to the forecasted increase in enterprise information security spending, with AI being a driving factor.
	2023-07-06	+0.46 %
The article discusses the factors that lead to the emergence of numerous cybersecurity startups and why there are only a few pure-play cybersecurity companies listed on the US stock exchange. The author explains that the market opportunity in cybersecurity is significant, with the number of cyber breaches and losses increasing. Trust is a critical factor in the industry, as cybersecurity solutions can have a significant impact on enterprises. This leads to long sales cycles and comprehensive trials, slowing down the adoption of new products. As a result, multiple startups solve the same problems simultaneously and generate enough revenue to survive. The article also points out that most cybersecurity companies do not go public, as they offer point solutions with limited room for growth. Only a few companies manage to build a platform and become suites of products, which are more suitable for IPOs. Additionally, mergers in the cybersecurity industry typically occur between large, established corporations. As a result, there are a limited number of pure-play cybersecurity companies listed on the US stock exchange.
	2023-07-05	-0.47 %
Fortinet's (FTNT) stock went down by -0.47% due to the announcement of a conference call to discuss the company's second quarter 2023 financial results. Fortinet (FTNT) stock went down by 0.47% last night, and the article discusses Goldman Sachs' "Rule of 10" screening criteria for identifying future growth engines in the stock market, with Fortinet being one of the S&P 500 companies that meet the criteria of both 10% revenue growth and 10% income growth. The article does not provide specific information on why Fortinet's stock went down.
	2023-07-03	-1.23 %
The article discusses the performance of tech stocks in the first half of the year and provides a list of companies that Goldman Sachs believes will outperform in the future. Fortinet (FTNT) stock went down because it was among the top 10 names on the list, which suggests it may have already experienced strong sales growth.
	2023-06-29	+1.02 %
The article discusses the Invesco QQQ Trust (QQQ) and its strong performance due to investors' appetite for riskier tech and growth stocks, with a focus on generative artificial intelligence (AI). It features several QQQ stocks, including Workday (WDAY), Fortinet (FTNT), Nvidia (NVDA), Atlassian (TEAM), Datadog (DDOG), and Microsoft (MSFT), highlighting their growth and innovation in the AI space. Fortinet's stock goes up due to its position as one of the largest providers of cybersecurity and its heavy investments in AI, making it attractive to investors in the growing industry.
	2023-06-28	+0.91 %
The article announces the 2023 Fortinet Security Summit, a tech leadership event focused on cybersecurity trends and solutions, which is expected to contribute to the increase in Fortinet (FTNT) stock. The article discusses the release of Linksys' new network device, the Velop Pro 6E, which offers advanced features and a seamless design for home networks, and also mentions the inclusion of Fortinet's DNS Filtering service for enhanced security; however, the article does not state why Fortinet (FTNT) stock went up.
	2023-06-27	+3.66 %
Shares of Fortinet (FTNT) went up by 3.66% last night, and while the company does use debt in its business, its balance sheet shows it holds $2.88bn in cash, giving it a net cash amount of $1.89bn, which indicates that the level of liabilities is unlikely to be a major threat to the company's overall health.
	2023-06-26	-0.74 %
Fortinet (FTNT) stock declined by 0.74% due to an all-around poor trading session for the stock market, with the S&P 500 Index and the Dow Jones Industrial Average falling 0.45% and 0.04%, respectively.
	2023-06-22	+1.05 %
Fortinet (FTNT) stock went up by 1.05% due to an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.37%.
	2023-06-21	-0.77 %
Fortinet (FTNT) has seen a -0.77% drop in its stock, and no reason is provided in the article for this decline.
	2023-06-20	-1.54 %
Fortinet's stock (FTNT) went down by -1.54% after the release of its 2023 State of Zero Trust report, which revealed that organizations implementing zero-trust strategies still face challenges related to integration, specifically due to the need for solutions that converge networking and security and have the ability to span multiple environments. The stock prices of cybersecurity companies CrowdStrike and Fortinet both saw drops, with Fortinet down 1.54%, despite experiencing significant growth and solid financial footing but may be due to price swings and market news unrelated to their businesses.
	2023-06-16	-1.1 %
Fortinet (FTNT) stock was down 1.1% last night after a promising three-year growth in EPS, amidst a continuous inflow of external capital, and good revenue growth, however, some investors have raised concerns on the sustainability of its profit growth in the future. The article suggests that Fortinet (FTNT) stock went down by 1.1% due to market factors, but the company is a consistent, profitable, and cash-generating business poised to continue to be a leader in the growing cybersecurity industry.
	2023-06-12	+2.69 %
Fortinet (FTNT) has announced new product and service additions to its FortiFlex program, which provides more flexible licensing options to customers. The program supports a wide range of cybersecurity solutions across cloud, hybrid cloud, and on-premises deployments, offering usage-based pricing that allows organizations to pay by usage. The expansion of the program is one of the reasons why the stock price went up by 2.69%. Fortinet (FTNT) stock went up 2.69% following the announcement of new product and service additions to its FortiFlex program, which delivers even more flexible licensing options to customers for cybersecurity solutions across cloud, hybrid cloud, and on-premises deployments.
	2023-06-09	-1.43 %
Fortinet (FTNT) stock went down by 1.43% due to mixed performance when compared to some of its competitors on an all-around great trading session for the stock market, while Juniper Networks (JNPR) gained 0.43% on Friday.

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