Fortinet CFO Surprise Exit Sends Stock To 5-Month Low
The surprise resignation of Fortinet’s CFO/COO, who had been called “a key indredient” to the security software company’s success by an analyst, sent Fortinet (FTNT) stock tumbling Friday. But FBR analyst Daniel Ives maintained an outperform rating on Fortinet stock, remaining upbeat about its prospects. Fortinet stock was down more than 13% in late trading in the shortened session in the stock market today, at a five-month low near 17. The company