DJ Fortinet Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Fortinet Inc. $(FTNT)$ slid 1.04% to $189.28 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.22% to 7,801.77 and Dow Jones Industrial Average falling 0.66% to 51,179.87.
The stock's fall snapped a three-day winning streak.
Fortinet Inc. closed 1.63% below its 52-week high of $192.41, which the company reached on October 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cisco Systems Inc. (CSCO) fell 0.47% to $117.39, CrowdStrike Holdings Inc. Cl A (CRWD) fell 4.81% to $265.44, and Palo Alto Networks Inc. (PANW) fell 3.42% to $405.57.
Trading volume (3.8 M) remained 871,206 below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 7, 2026.