Business & Technology
In December 2021, Fortinet announced it had been named to the Nasdaq-100 Index®. Fortinet joined the distinguished Index in conjunction with the annual reconstitution of the Nasdaq-100 Index (Nasdaq: NDX).
The inclusion became effective prior to market open on Monday, December 20, 2021. Shares of Fortinet are included in the NASDAQ-100 Index Tracking Stock®.
The Nasdaq-100 Index® is one of the world’s preeminent large-cap growth indexes. It includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. With category-defining companies on the forefront of innovation, including Fortinet, the Nasdaq-100 Index® defines today’s modern-day industrials.
Companies on the Nasdaq-100 are known for their unmatched performance. In fact, the Nasdaq-100 has outperformed the S&P 500 for 11 out of 13 years. Gaining a place on this highly exclusive index is a clear indicator that a highly successful company has a favorable long-term outlook.
“Fortinet has led the evolution of cybersecurity innovation over the past two decades, and is leading the next-generation of security solutions. The network security market is rapidly expanding from the data center out to the work-from-anywhere edge and to the cloud. We expect our innovative ASIC-supported security fabric platform and converged security-driven networking approach to uniquely position Fortinet for long-term growth. Taking our place on the Nasdaq-100 Index amongst other category-defining companies is another proofpoint of Fortinet’s successes and future growth opportunities.”
— Ken Xie, Founder, Chairman of the Board and CEO at Fortinet
Find out how the Fortinet Security Fabric is the industry’s highest-performing cybersecurity platform, powered by FortiOS, with a rich open ecosystem delivering broad, integrated, and automated protection across an organization’s entire digital attack surface.