DJ Fortinet Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Fortinet Inc. $(FTNT)$ slipped 1.36% to $106.54 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.76% to 5,849.72 and Dow Jones Industrial Average falling 1.48% to 43,191.24.
Fortinet Inc. closed 7.21% short of its 52-week high of $114.82, which the company reached on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Cisco Systems Inc. $(CSCO)$ fell 0.98% to $63.48, CrowdStrike Holdings Inc. Cl A $(CRWD)$ fell 1.78% to $382.73, and Palo Alto Networks Inc. (PANW) fell 3.54% to $183.68.
Trading volume (5.3 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.
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(END) Dow Jones Newswires
March 03, 2025 16:41 ET (21:41 GMT)
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