Stock Split History
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Fortinet provides cybersecurity solutions. Co.'s products include: FortiGate physical and software licenses, which provide a set of security and networking functions; and FortiGate management and analysis products, which include its FortiManager and FortiAnalyzer hardware and software products that are typically sold in conjunction with most commercial and enterprise deployments. Co. also provides FortiGuard Security Subscription Services that are designed to allow Co. to deliver threat detection capabilities to end-customers; FortiCare Technical Support Services, which include technical support as well as an extended product warranty; and training services. According to our Fortinet stock split history records, Fortinet has had 1 split.
Fortinet stock split history picture
Fortinet (FTNT) has 1 split in our Fortinet stock split history database. The split for FTNT took place on June 02, 2011. This was a 2 for 1 split, meaning for each share of FTNT owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.

When a company such as Fortinet splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. Looking at the Fortinet stock split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fortinet shares, starting with a $10,000 purchase of FTNT, presented on a split-history-adjusted basis factoring in the complete Fortinet stock split history. Fortinet split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 11/18/2009
End date: 06/18/2019
Start price/share: $8.31
End price/share: $74.95
Dividends collected/share: $0.00
Total return: 801.93%
Average Annual Total Return: 25.80%
Starting investment: $10,000.00
Ending investment: $90,218.49
Years: 9.58
Date Ratio
06/02/20112 for 1
FTNT is categorized under the Technology sector; below are some other companies in the same sector that also have a history of stock splits:

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