DJ Fortinet Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Fortinet Inc. $(FTNT)$ slid 1.96% to $144.14 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,420.10 and Dow Jones Industrial Average falling 0.98% to 51,492.55.
This was the stock's second consecutive day of losses.
Fortinet Inc. closed 3.95% below its 52-week high of $150.07, which the company reached on June 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Cisco Systems Inc. $(CSCO)$ fell 1.87% to $117.33, CrowdStrike Holdings Inc. Cl A (CRWD) rose 0.51% to $682.96, and Palo Alto Networks Inc. (PANW) rose 0.80% to $282.13.
Trading volume (7.6 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 17, 2026.
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June 17, 2026 16:38 ET (20:38 GMT)
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