Fortinet Inc (FTNT.xnas)

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Fortinet Inc (FTNT.xnas) Profile

Fortinet Inc (FTNT.xnas) is an American multinational cybersecurity corporation headquartered in California, the United States. Fortinet develops and sells cybersecurity solutions, including physical products, software and services such as anti-virus protection, intrusion prevention systems (IPS), endpoint security components, network firewalls, and cloud security. Fortinet Inc has 5,845 employees and operates a network of 58 office locations across 43 countries, serving predominantly start-ups and small businesses. Fortinet Inc owns and operates an extensive portfolio of subsidiaries, including Fortinet International, Canadian Fortinet Technologies, the Chinese and Indian Fortinet Information Technology, Accelops, the European Bradford Networks, and ZoneFox. Fortinet Inc stock (FTNT.xnas) is listed on the Nasdaq, traded as a Standard & Poor’s 500 (S&P 500), has a $54.41B (USD) market cap as of November 2021 and $2.59B (USD) in 2020 yearly revenue, an 19.9% year-per-year increase. On October 18 2021, Telefónica Tech and Fortinet Inc launched a global secure SD-WAN service flexWAN to secure and connect work-remotely in Europe and the Americas.

Fortinet Inc (FTNT.xnas): Trade a Contract for Difference (CFD) on FTNT.xnas and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30 - 23:00
Mon
16:30 - 23:00
Tue
16:30 - 23:00
Wed
16:30 - 23:00
Thu
16:30 - 23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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No ownership of physical
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Source - database | Page ID - 519

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