DJ Fortinet Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Fortinet Inc. $(FTNT)$ advanced 1.11% to $101.95 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.94% to 6,033.11 and the Dow Jones Industrial Average rising 0.75% to 42,515.09.
The stock's rise snapped a two-day losing streak.
Fortinet Inc. closed 11.21% 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 Monday, as Cisco Systems Inc. $(CSCO)$ rose 2.22% to $65.51, CrowdStrike Holdings Inc. Cl A $(CRWD)$ fell 0.26% to $479.39, and Palo Alto Networks Inc. (PANW) rose 0.94% to $198.11.
Trading volume (3.5 M) remained 1.8 million below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2025.
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June 16, 2025 16:42 ET (20:42 GMT)
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