DJ Fortinet Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Fortinet Inc. $(FTNT)$ shed 3.11% to $102.43 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.91% to 44,494.94 and the S&P 500 Index falling 0.11% to 6,198.01.
Fortinet Inc. closed 10.79% below its 52-week high of $114.82, which the company reached on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cisco Systems Inc. $(CSCO)$ fell 0.40% to $69.10, CrowdStrike Holdings Inc. Cl A $(CRWD)$ fell 3.38% to $492.07, and Palo Alto Networks Inc. (PANW) fell 3.45% to $197.58.
Trading volume (6.1 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 1, 2025.
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July 01, 2025 16:42 ET (20:42 GMT)
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