DJ Fortinet Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Fortinet Inc. $(FTNT)$ slid 1.23% to $75.38 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.06% to 6,940.01 and Dow Jones Industrial Average falling 0.17% to 49,359.33.
This was the stock's fifth consecutive day of losses.
Fortinet Inc. closed 34.35% below its 52-week high of $114.82, which the company achieved on February 18th.
The stock underperformed when compared to some of its competitors Friday, as Cisco Systems Inc. $(CSCO)$ fell 0.08% to $75.19, CrowdStrike Holdings Inc. Cl A (CRWD) fell 0.25% to $453.88, and Palo Alto Networks Inc. (PANW) fell 0.04% to $187.66.
Trading volume (7.9 M) eclipsed its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 16, 2026.
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(END) Dow Jones Newswires
January 16, 2026 16:46 ET (21:46 GMT)
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