Fortinet Inc. Stock Falls 4.6%, Underperforms Competitors

Dow Jones

Mar 14, 2025

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Fortinet Inc. slid 4.6% to $93.42 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.4% to 5,521.52 and Dow Jones Industrial Average falling 1.3% to 40,813.57.

This was the stock's second consecutive day of losses.

Fortinet Inc. closed 18.6% below its 52-week high of $114.82, which the company achieved on February 18th.

The stock underperformed when compared to some of its competitors, as Cisco Systems Inc. fell 1.3% to $59.67, CrowdStrike Holdings Inc. Cl A fell 4.1% to $332.53, and Palo Alto Networks Inc. fell 1.76% to $176.32.

Trading volume totaled 4.2 million, compared to the 50-day average of 4.6 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 13, 2025 16:35 ET (20:35 GMT)

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Stock Falls 4.6%, Underperforms Competitors\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-14 04:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  This article was automatically generated by Dow Jones using technology from Automated Insights. \n</p>\n<p>\n     Shares of Fortinet Inc. slid 4.6% to $93.42 on what proved to be an all-around grim trading session for the stock market, with the S&amp;P 500 Index falling 1.4% to 5,521.52 and Dow Jones Industrial Average falling 1.3% to 40,813.57. \n</p>\n<p>\n     This was the stock's second consecutive day of losses. \n</p>\n<p>\n     Fortinet Inc. closed 18.6% below its 52-week high of $114.82, which the company achieved on February 18th. \n</p>\n<p>\n     The stock underperformed when compared to some of its competitors, as Cisco Systems Inc. fell 1.3% to $59.67, CrowdStrike Holdings Inc. 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