The Latest Breaking News from Fortinet

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Continued digitization and increased investments in advanced technologies like blockchain and machine learning (ML) should bolster the software industry’s long-term prospects. Therefore, one could invest in fundamentally sound software stocks Fortinet (FTNT) and NortonLifeLock (NLOK). However, as the tech industry is witnessing a massive sess-off, we think it is best…

Some 88% of organisations associated with operational technology (OT) in Thailand experienced cyber-intrusions in the past 12 months, versus 93% globally, according to a report by Fortinet, a global cybersecurity company.

 

A whale with a lot of money to spend has taken a noticeably bearish stance on Fortinet. Looking at options history for Fortinet (NASDAQ:FTNT) we detected 14 strange trades.

A sophisticated cyberthreat landscape is pushing organisations to scramble to find highly qualified security experts amid a shortage, according to Fortinet, a global cybersecurity company.

Fortinet's (NASDAQ:FTNT) short percent of float has risen 42.75% since its last report. The company recently reported that it has 2.63 million shares sold short, which is 1.97% of all regular shares that are available for trading.

Fortinet (NASDAQ:FTNT) has outperformed the market over the past 10 years by 17.49% on an annualized basis producing an average annual return of 28.22%. Currently, Fortinet has a market capitalization of $43.26 billion.