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News 2026-07-30 15:34 UTC

Why Is Fortinet Stock Climbing on Thursday?

Fortinet Inc (NASDAQ: FTNT ) stock traded higher Thursday following the release of second-quarter financial results on Wednesday. The Nasdaq is up 2.97% while the S&P 500 has gained 1.23%. Fortinet reported second-quarter revenue of $2.05 billion, up 26% year-over-year, beating a Street consensus estimate of $1.89 bill