DJ Fortinet Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Fortinet Inc. $(FTNT)$ rallied 2.99% to $194.75 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 7,811.54 and the Dow Jones Industrial Average rising 0.83% to 51,654.95.
The stock's rise snapped a two-day losing streak.
Fortinet Inc. hit a new 52-week high, surpassing its previous peak of $192.41, which the company reached on October 6th.
The stock underperformed when compared to some of its competitors Friday, as Cisco Systems Inc. (CSCO) rose 3.05% to $118.39, CrowdStrike Holdings Inc. Cl A (CRWD) rose 4.57% to $275.04, and Palo Alto Networks Inc. (PANW) rose 5.09% to $418.78.
Trading volume (2.1 M) remained 2.4 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 9, 2026.