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Cybersecurity stock Fortinet Inc. FTNT has been on a bullish tear, with the stock up 31.48% year-to-date, 29.42% over the past year, and an impressive 32.37% in the last month alone. The cybersecurity powerhouse continues to flex its muscles, outperforming market expectations and delivering robust financial results.
Fortinet (FTNT) announces that it has been chosen as the official cybersecurity partner for Juventus Football Club for the next two seasons.
As of Aug 16, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The trio of stocks appeared to be on a downslope in recent months, until catalysts brought investors back. Nicole Petallides welcomes ProsperTradingAcademy's Scott Bauer and Ben Lichtenstein for a closer look at Nike (NKE), Shopify (SHOP), and Fortinet (FTNT).
Last year, hackers stayed busy, launching 2,365 cyberattacks and resulting in more than 343 million victims. This wake-up call has made cybersecurity stocks more important than ever, turning them into a hotbed for investors.
Here is how Fortinet (FTNT) and PAR Technology (PAR) have performed compared to their sector so far this year.
The stock market plummeted last week on fears of a recession. The S&P 500 tumbled more than 3% as investors fled former high-flying stocks.
The cybersecurity industry has been in greater focus since the outage caused by CrowdStrike.
This cybersecurity stock is adding to its earnings gap-up gains. Profit grew 50% in its most recent quarter.
Explore how Fortinet's (FTNT) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.