DJ Fortinet Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Fortinet Inc. (FTNT) slid 1.78% to $99.90 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.37% to 6,339.39 and Dow Jones Industrial Average falling 0.74% to 44,130.98.
This was the stock's third consecutive day of losses.
Fortinet Inc. closed 12.99% 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 Thursday, as Cisco Systems Inc. $(CSCO)$ fell 0.29% to $68.08, CrowdStrike Holdings Inc. Cl A (CRWD) fell 1.85% to $454.57, and Palo Alto Networks Inc. (PANW) fell 5.15% to $173.60.
Trading volume (4.3 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 31, 2025.
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July 31, 2025 16:42 ET (20:42 GMT)
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