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Seattle, Washington-based F5, Inc. (FFIV) provides multicloud application security and delivery solutions in the United States and internationally. The company has a market capitalization of $15.5 billion, and its distributed cloud services enable customers to deploy, secure, and operate applications across any architecture, from on-premises to public cloud.
Shares of F5 have underperformed the broader market over the past 52 weeks. FFIV stock has declined 12.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 11.9%. However, shares of the company are up 6% on a year-to-date (YTD) basis, compared to SPX’s marginal decline.