DJ Fortinet Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Fortinet Inc. $(FTNT)$ rose 1.39% to $104.94 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.03% to 6,000.36 and the Dow Jones Industrial Average rising 1.05% to 42,762.87.
This was the stock's second consecutive day of gains.
Fortinet Inc. closed 8.60% 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 Friday, as Cisco Systems Inc. $(CSCO)$ rose 2.23% to $66.06, CrowdStrike Holdings Inc. Cl A $(CRWD)$ rose 1.18% to $468.41, and Palo Alto Networks Inc. (PANW) rose 1.26% to $199.60.
Trading volume (3.2 M) remained 2.2 million below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 6, 2025.
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June 06, 2025 16:42 ET (20:42 GMT)
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