DJ Fortinet Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Fortinet Inc. $(FTNT)$ inched 0.21% higher to $98.16 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
Fortinet Inc. closed $2.43 below its 52-week high ($100.59), which the company reached on November 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Cisco Systems Inc. $(CSCO)$ fell 0.46% to $58.35, CrowdStrike Holdings Inc. Cl A $(CRWD)$ rose 5.48% to $388.20, and Palo Alto Networks Inc. (PANW) rose 3.02% to $202.50.
Trading volume (3.8 M) remained 831,284 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:46 ET (21:46 GMT)
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