🟢 Fortinet is trading 10% up today after strong peer results lifted tech sentiment

Fortinet is trading 10% up now at $173.31 after strong results and outlooks from Nvidia, Salesforce, and CrowdStrike lifted technology and cybersecurity sentiment.

• The software sector is up 5.80%, while the Nasdaq is gaining 1.29%, supporting a broad risk-on move.
• No major Fortinet earnings release or company-specific announcement on August 27 has been identified.
• Fortinet’s August 26 CMMC certification may have provided additional positive sentiment.