Fortinet named to Nasdaq 100 index amid pandemic

Fortinet, a global integrated and automated cybersecurity solutions, has been named to the Nasdaq-100 Index. Fortinet joins the distinguished Index in conjunction with the annual reconstitution of the Nasdaq-100 Index (Nasdaq: NDX).

The inclusion becomes effective prior to market open on Monday, December 20, 2021. Shares of Fortinet will be included in the NASDAQ-100 Index Tracking Stock.

“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,” said Ken Xie, Founder, CEO, Fortinet.

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, he added.

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.