DJ Fortinet Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Fortinet Inc. $(FTNT)$ rose 1.89% to $106.18 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.47% to 5,686.67 and the Dow Jones Industrial Average rising 1.39% to 41,317.43.
This was the stock's second consecutive day of gains.
Fortinet Inc. closed 7.52% below 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 Friday, as Cisco Systems Inc. $(CSCO)$ rose 2.08% to $59.33, CrowdStrike Holdings Inc. Cl A $(CRWD)$ rose 2.01% to $440.58, and Palo Alto Networks Inc. (PANW) rose 0.77% to $187.70.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2025.
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May 02, 2025 16:41 ET (20:41 GMT)
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