Fortinet (FTNT) Hits Record High as Profits Climb 23% on Demand Growth
Fortinet Inc. (NASDAQ:FTNT) shares surged to a new 52-week high on Thursday, closing up 20.03% at $107.97 after the company reported strong first-quarter earnings that exceeded Wall Street expectations. The firm saw net income jump 23% to $534.5 million from $433.4 million a year ago,...