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Stock Market & Financial Investment News

News Breaks
March 14, 2014
09:11 EDTFTNTFortinet establishes new headquarters in Sunnyvale, California
Fortinet announced that the company has moved its global headquarters to a new and larger 150,000+ square foot facility in Sunnyvale, California. The move reflects Fortinet's expansive growth, fueled by the growing demand for its high performance network security platforms. As part of the company's growth, Fortinet has significantly increased its headcount over the last two years. As of December, 2013 Fortinet had 2,263 employees, which represents a 19% increase over the last two years.
News For FTNT From The Last 14 Days
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March 23, 2015
10:08 EDTFTNTHigh option volume stocks
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March 20, 2015
15:40 EDTFTNTMore cybersecurity firms to come public amid high market demand, Reuters says
With shares of publicly traded cybersecurity companies having recently outperformed the market, a number of privately-held IT security names, including Rapid7, LogRythm and Mimecast, plan to go public in 2015 amid the high level of investor interest, said Reuters, citing people familiar with the matter. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
March 18, 2015
08:08 EDTFTNTFortinet price target raised to $39 from $35 at Oppenheimer
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