Fortinet Trades Tomorrow

When I composed my earlier post regarding Fortinet’s IPO, I was under the mistaken belief that the company would have its NASDAQ trading debut today.

As it turns out, Fortinet will begin trading under the “FTNT” symbol tomorrow morning.

Fortinet’s investment-banking underwriters — Morgan Stanley, JPMorgan, and Deutsche Bank — have the option to buy up to 1.9 million additional shares to address overallotments.

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