DJ Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Fortinet Inc. $(FTNT)$ slid 1.77% to $107.09 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.59% to 5,861.57 and Dow Jones Industrial Average falling 0.45% to 43,239.50.
Fortinet Inc. closed 6.73% 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 Thursday, as Cisco Systems Inc. $(CSCO)$ fell 0.42% to $63.81, CrowdStrike Holdings Inc. Cl A $(CRWD)$ fell 3.63% to $380.24, and Palo Alto Networks Inc. (PANW) fell 1.08% to $187.50.
Trading volume (4.3 M) remained 181,630 below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2025.
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(END) Dow Jones Newswires
February 27, 2025 16:42 ET (21:42 GMT)
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