DJ Fortinet Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Fortinet Inc. $(FTNT)$ rallied 1.53% to $104.74 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.05% to 5,921.54 and the Dow Jones Industrial Average rising 1.78% to 42,343.65.
Fortinet Inc. closed 8.78% 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 Tuesday, as Cisco Systems Inc. $(CSCO)$ rose 1.01% to $63.75, CrowdStrike Holdings Inc. Cl A $(CRWD)$ rose 3.65% to $472.22, and Palo Alto Networks Inc. (PANW) rose 0.38% to $187.46.
Trading volume (4.2 M) remained 961,144 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2025.
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May 27, 2025 16:43 ET (20:43 GMT)
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