DJ Fortinet Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Fortinet Inc. $(FTNT)$ shed 2.60% to $155.85 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.52% to 7,745.06 and Dow Jones Industrial Average falling 0.51% to 53,459.78.
This was the stock's second consecutive day of losses.
Fortinet Inc. closed 9.44% short of its 52-week high of $172.09, which the company reached on August 5th.
The stock underperformed when compared to some of its competitors Monday, as Cisco Systems Inc. $(CSCO)$ rose 1.09% to $112.90, CrowdStrike Holdings Inc. Cl A (CRWD) fell 1.41% to $213.90, and Palo Alto Networks Inc. (PANW) fell 2.21% to $375.76.
Trading volume (3.7 M) remained 2.1 million below its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 17, 2026.