DJ Fortinet Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Fortinet Inc. (FTNT) slipped 2.37% to $96.21 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.49% to 6,299.19 and Dow Jones Industrial Average falling 0.14% to 44,111.74.
Fortinet Inc. closed 16.21% short of its 52-week high of $114.82, which the company achieved on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Cisco Systems Inc. $(CSCO)$ fell 1.42% to $67.52, CrowdStrike Holdings Inc. Cl A (CRWD) fell 2.88% to $441.75, and Palo Alto Networks Inc. (PANW) fell 1.12% to $169.09.
Trading volume (4.0 M) remained 273,389 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 5, 2025.
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(END) Dow Jones Newswires
August 05, 2025 16:43 ET (20:43 GMT)
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