Movers roundup: Adtran, Fortinet

Movers roundup: Adtran shares fall after warning; Fortinet shares rise on upgrade

Associated Press

Among the stock activity stories for Wednesday, July 10, from AP Business News:

— Shares of Adtran Inc. fell after the networking equipment maker warned that tough economic conditions in Europe were hurting its profitability.

— Shares of EnPro Industries Inc. rose to an all-time high as the industrial products maker said that the estimated liability for pending and future asbestos-related claims is lower than initially expected.

— Network security provider Fortinet Inc.'s stock rose as an analyst upgraded the company's rating and price target partly on the likelihood that security spending will improve.

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