Why Fortinet Investors Weren't Fortunate Today
Top cybersecurity stock Fortinet (NASDAQ: FTNT) has certainly had its good trading sessions on the market, but Tuesday's wasn't one of them. The company's share price slipped by nearly 1%, more or less matching the slide of the S&P 500 index, on the latest piece of news from its investor relations team.
That morning, Fortinet announced that it will unveil its fourth-quarter results just over one month from now, on Tuesday, Feb. 7 just after market close.
That probably brought back some uncomfortable memories of the company's third-quarter earnings release, which was published in early November 2022.
Source Fool.com