Fortinet Inc. is an American multinational cybersecurity company. It develops and markets network security, multi-cloud security, web application security, email security, advanced threat protection, secure unified access, endpoint security and management and analytics services to enterprises, service providers and government institution worldwide.
Fortinet Inc. was founded in 2000 by Ken Xie and Michael Xie. Headquartered in Sunnyvale, California in the United States, the company employs more than 5,600 people with over 365,000 customers globally.
Fortinet Inc. is listed on the NASDAQ stock exchange. It is also a component on the S&P 500 stock market index.
Fortinet Inc. Market Influences
Navigating stock markets and determining why a company’s stock rises and falls can be an intricate process. The factors contributing to Fortinet’s share price can include the performance of the industry, investor sentiment, governmental and economic policy and the overall economic climate. Various company-specific factors may also have an influence on the company’s performance - these include mergers and acquisitions, changes in key staff or the corporate structure, the introduction of new products and services and the company’s annual earnings reports.