DJ Fortinet Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Fortinet Inc. (FTNT) slid 1.99% to $104.81 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.06% to 6,309.62 and the Dow Jones Industrial Average rising 0.40% to 44,502.44.
The stock's fall snapped a three-day winning streak.
Fortinet Inc. closed 8.72% below 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. $(CSCO)$ fell 0.26% to $68.16, CrowdStrike Holdings Inc. Cl A (CRWD) fell 2.15% to $471.23, and Palo Alto Networks Inc. (PANW) fell 1.58% to $196.73.
Trading volume (2.9 M) remained 1.8 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2025.
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July 22, 2025 16:42 ET (20:42 GMT)
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